Headline
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- Chatradal to stand with black cloths tied to faces in protest against Israeli genocide
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- UK Labour MPs denied entry to Israel during West Bank visit
- Gaza genocide: 'No Work, No School' campaign to be observed on Monday
- Emon makes record for fastest half-century as Bangladeshi batters
- Sarjis Alam calls for nationwide protests in solidarity with Gaza on Monday
- Millions take to streets across US against Trump, Musk
- 61 pro-Awami League lawyers ordered to be sent to jail
- Starlink gets BIDA approval to launch operations in Bangladesh
- Record $3.29bn remittance inflow in March
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- Shakib under investigation by ACC over corruption allegations
- Severe storms claim 16 lives, including children in US
- LPG price reduced by Tk 28 per 12-kg cylinder
- Sheikh Moinuddin joins as special assistant to road, transport, bridges ministry
- ‘We're hopeful of starting 2nd Tribunal soon’
- IMF satisfied with Bangladesh’s improvement: Finance Adviser
Defaulted loans threaten financial sector
The Finance Division believes that the countrys financial sector is at significant risk due to defaulted loans. According to sources the default rate stood at 6.12% in December 2011, and it surged to 16.93% by December 2024. Additionally, mismanagement and corruption in the sector under the...
Defaulted loans could exceed Tk 6 lakh crore
Bangladesh Bank spokesperson Husne Ara Shikha said information on defaulted loans was hidden in previous governments regime, now efforts are being made to reveal it. It is said that the defaulted loans are worth 4 lakh crore taka or more. But she believes that if the total information comes to...