Banking & Commodity

The Trading Corporation of Bangladesh (TCB) will resume selling daily essentials at subsidised prices from Wednesday ahead of Durga Puja, the biggest religious festival of the country’s Hindu community.

The Bangladesh Bank sold Bangladesh Bank bills worth Tk 38,869.5 crore to the scheduled banks in August and September to contain the excess liquidity in the country’s banking channel.

The government should set up a knowledge hub that could be used by the relevant authorities to ensure efficient policymaking amid the ongoing coronavirus pandemic, according to the Centre for Policy Dialogue (CPD).

Sugar and cooking oil were sold by retailers at higher than the government-fixed rates

As per the guideline, when clients fail to pay back loans, banks can take over the assets through legal channels and the assets are called non-banking assets

The Bangladesh Bank (BB) has brought relaxation in foreign-exchange regulations in export, import, remittance and other trade services to overcome economic challenges of the Covid-19 pandemic, said BB deputy governor Ahmed Jamal on Monday.

The Bangladesh Bank yesterday asked banks not to charge students any fee for carrying out transactions related to Bangabandhu Education Insurance through their school banking accounts.

Central bank seeks details of all employees who were dismissed or forced to resign after March 2020

The government is considering fixing the prices of lentil to rein in soaring prices of the key essential in the kitchen market, officials said.

Bangladesh Bank not satisfied with the bankers’ response and will continue investigations