Banking & Commodity

The Bangladesh Bank on Sunday appointed district-wise lead banks for the year 2021 with a view to expediting and ensuring effective implementation of the Tk 20,000-crore stimulus package meant for the cottage, micro, small and medium entrepreneurs.

Year-on-year deposit growth in the country’s Islamic banks at the September-end quarter of 2020 was much higher than the growth rate in the country’s overall banking sector at the end of the same quarter, reflecting a growing public interest in Shariah-based banking system.

Commerce Minister Tipu Munshi on Sunday said that the government would strengthen its monitoring for controlling the prices of essentials, including edible oil, so that the middlemen could not make profit illegally. He also said that a committee of the Commerce Ministry is also working to ensure fair price of …

As of September last year, banks opened 2.20 crore accounts for those who receive allowances under the social safety net schemes

The call money rate has been on the slide since July

The central bank purchased greenback worth a record $5.49 billion in the first half of the current fiscal year to keep stable the exchange rate of the local currency.

The retail price of liquefied petroleum gas (LPG) went up 10 per cent in the domestic market in January after demand rose in Western countries because of winter, pushing up the rate in the international markets.

The NBFI uses floor space owned by one of its directors without BB authorisation

The rain-fed rice output, or Aman crop, is expected to fall as much as 15 per cent this year

The government in June last year granted a blanket immunity for whitening black money in a bid to bring them into the mainstream economy and generate more revenues and jobs.