No cut in yield rates on savings tools: NBR chief National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan said the government has no plan to reduce the yield rates on state-owned savings certificates. “We will try to keep unchanged the existing rates of yield on government’s savings instruments to

BB asked to inform about dubious banking transactions: Minister Home Minister Asaduzzaman Khan yesterday said Bangladesh Bank has been asked to inform intelligence agencies about dubious banking transactions to detect terror financing sources, reports UNB. The government also decided to monitor whether the corporate social responsibility (CSR) fund of the

Oil prices may rise to $100 a barrel by end of year Oil prices could rise towards $100 per barrel towards the end of the year or by early 2019 as sanctions against Iran bite. This was predicted by commodity merchants Trafigura and Mercuria said on Monday at the Asia

BDT demand in money market dips: The central bank discourages banks to invest excess money in BB bills The demand for Bangladesh Taka (BDT) in the money market fell drastically mainly due to the recent slash of the cash reserve requirement (CRR) by 1.0 percentage by the central bank. Both

Tk 342cr deposited in schoolchildren’s accounts in 2017 The total deposits in the bank accounts owned by schoolchildren in the country increased by 33.52 per cent or Tk 342 crore to Tk 1,363 crore as of December 31, 2017 from that of Tk 1,021 crore as of December 31, 2016.