Government finally cuts oil prices The government cautiously cut prices of major petroleum products, ranging from 4.41% to 10.41%, around two years after the start of global oil slump. As per an executive order issued Sunday by the Ministry of Power, Energy and Mineral Resources (MoPEMR) the downward adjustment applies

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 4.61% (Aug 21’19) 4.57% (Aug 14’19) 0.88 % Call Money Lending (Crore BDT) 3,544.88 (Aug 21’19) 4,027.45 (Aug 14’19) 11.99% Prices Weighted Average Deposit Rate 5.43% (Aug 01’19) 5.46% (Jul 18’19) 0.55% Weighted Average Lending Rate 9.58% (Aug

Private sector credit growth in September falls slightly Private sector credit growth fell slightly again in September mainly due to lower payment obligations particularly back-to-back imports for ready-made garment (RMG) sector, officials said. The growth in credit flow to private sector came down to 15.3% in September 2016 on a

Money Market Parameters Current Period Earlier Period Change Average Call Money Rate 5.08% (Feb 26’20) 5.09% (Feb 20’20) 0.01% Call Money Lending (Crore BDT) 2,089.65 (Feb 26’20) 2,452.52 (Feb 20’20) 14.79 % Prices Weighted Average Deposit Rate 5.71% (Feb ’20) 5.70% (Feb ’20) 0.01% Weighted Average Lending Rate 9.63% (Feb

Farm loan release crosses annual target in 11 months Country’s banks crossed their annual target of farm loan disbursement in 11 months (July-May) of this fiscal year against a backdrop of a decreased credit demand from the industrial sector that forced them to disburse loans more to farmers at an