Red blinking: Four large borrowers fail to pay regular instalments, out to have the loans rescheduled again Four business groups, which got their loans of Tk 3,200 crore restructured under the central bank’s special policy around three years ago, have failed to pay regular instalments for most of the loans.

E-commerce sites allowed online export using banking channel Bangladesh Bank on Monday issued a circular facilitating export of goods from Bangladesh using the banking channel against customers’ online orders from abroad. As per the BB circular, banks would be allowed to work as authorized dealers for such export up to

ADB to provide $ 200m loan The Asian Development Bank (ADB) will provide US$ 200 million in loans to help improve the rural road network in Bangladesh. An agreement was signed between the government and the Manila-based lender in this connection on Sunday, according to a statement. The assistance supports

Parliamentary body for further probing graft in two private banks The parliamentary standing committee on finance ministry suggested Sunday that Bangladesh Bank should further investigate irregularities and corruption in two private commercial banks. The committee also recommended ensuring exemplary punishment for the persons to be found involved in irregularities to

SMEs ‘backbone of industrialisation’ Housing and Public Works Minister Mosharraf Hossain said small and medium enterprises (SMEs) are the backbone of industrialisation in a country, as they supply basic inputs to the big industries and thus help economy grow. The government is providing necessary support to the SMEs so that