BB plans Tk1 lakh crore interest waiver on default loans
BB plans Tk1 lakh crore interest waiver on default loans

Bangladesh Bank (BB) has introduced a major interest waiver facility for loan defaulters after many loans that had been regularised under the special rescheduling policy introduced in 2024 fell back into default within 10 to 12 years. In a circular issued on Monday, the central bank allowed...

Business slowdown pushes default loans higher
Business slowdown pushes default loans higher

Business, trade and investment remained nearly stagnant during the tenure of the interim government, with entrepreneurs and businesspeople facing frustration amid attacks, legal cases, vandalism, mob violence, account freezes, harassment and obstacles to overseas travel, affecting overall economic...