Shinepukur Ceramics Gets Finance Ministry Approval for LC
Shinepukur Ceramics Gets Finance Ministry Approval for LC

The finance ministry has granted Shinepukur Ceramics Ltd permission to open letters of credit (LCs) with Sonali Bank against a 100% cash margin, despite the company being part of the Beximco Group, which is classified as a loan defaulter. The exemption, under the Bank Company Act, allows...