Banking & Commodity

Last week, the Reserve Bank of India proposed the merger of capital-starved 94-year-old Lakshmi Vilas Bank with the Indian arm of Singapore’s DBS Bank

Managed to give out only 45.4% of the Tk 5,000cr fund in six-and-a-half months

The government has set a target of increasing the acreage of Boro crop by 50,000 hectares this year aiming to meet production shortfall.

Sought opinions from industry operators Every month, Taslima Begum, a garment worker from Kurigram, sends about Tk 5,000 to fund the expenses of her family back home in North Bengal through the mobile financial service platform.

Country’s microfinance institutions (MFIs) have demanded the withdrawal of annual fees charged by the Microcredit Regulatory Authority (MRA).

The central bank has asked all the scheduled banks to prohibit non-members from attending meetings of their board and board committees whatever the circumstance is, officials said.

Speakers at a workshop on Saturday called for simplifying value-added tax (VAT) for the sake of a better business regime for Small and Medium Enterprises (SMEs).

Demands a consumer association

Staple rice, edible oil, sugar and pulses witnessed fresh hikes last week augmenting woes of the consumers, especially the commoners who had already dug deep into their pockets to meet as increased living expenditures triggered by rising costs of other essentials, including vegetables and key spices.

Card transactions have lost the momentum gained when coronavirus first arrived