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Banking & Commodity

Refiners want hike in soybean oil price by Tk 15 per litre

Soybean oil price may go up as Bangladesh Tariff Commission is considering proposal for hiking edible oil price due to higher production costs. Bangladesh Vegetable Oil Refiners and Banaspati Manufacturers Association, the association of owners of edible oil refining and marketing companies, has submitted a proposal to raise soybean oil …

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Rescheduled loans too turning bad

The Bangladesh Bank’s policy that allows defaulters longer repayment tenures and easy terms and access to fresh funds has appeared to have failed to make major inroad in bringing down bad debts as rescheduled loans are even turning sour. In 2019, the central bank issued a relaxed policy on loan …

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