BB relaxes exit policy for loan defaulters
The Bangladesh Bank on Monday relaxed the exit policy for loan defaulters, lowering the minimum down payment requirement to encourage wider adoption of the policy...
Tags : loan defaulter
Wilful loan defaulters聽still enjoy protection
Wilful bank loan defaulters are still enjoying legal and regulatory protection, as authorities concerned shield them from punitive measures, allowing them to evade consequences, according to bankers.
BAB urges BB to close regulatory loopholes to recover NPLs
The Bangladesh Association of Banks (BAB) on Wednesday urged the Bangladesh Bank to address regulatory loopholes, particularly the practice of borrowers filing writ petitions to avoid being classified as loan defaulters...
Orion defaults on Tk 106cr loan for Hanif flyover
Orion Infrastructure Limited, a concern of Orion Group, has become a loan defaulter after failing to repay Tk 106 crore in bridge financing for the Mayor Mohammad Hanif Flyover project, according to...
BB now offers exit option to loan defaulters
The Bangladesh Bank on Monday introduced an exit policy for loan defaulters after its various efforts to curb the rising tide of bad loans in the country鈥檚 banking sector...
BB working to make list of top loan defaulters: Fin Min
Finance minister Abul Hassan Mahmood Ali on Monday told the Jatiya Sangsad that Bangladesh Bank is in the process of preparing the list of top loan defaulter persons and organisations...
All steps to be taken to rein in loan default: minister
Law, justice and parliamentary affairs minister Anisul Huq on Sunday said that all steps would be taken to dispose of quickly the cases pending before money loan courts to rein in loan default....
Finance minister for crackdown on loan defaulters
Finance minister Abul Hassan Mahmood Ali on Sunday said that the next course of action should be launching crackdown on loan defaulters after the exchange rate problem was almost fixed...
Police foil Ganosamhati Andolan鈥檚 bid to besiege Bangladesh Bank
The police on Tuesday foiled an attempt by the Ganosamhati Andolan to besiege the Bangladesh Bank at Dhaka鈥檚 Motijheel...
A welcome instruction that needs proper implementation
THE Bangladesh Bank coming to ask non-bank financial institutions to identify wilful loan defaulters and take action against them is welcome. The central bank has also asked the institutions...
After banks, NBFIs also asked to identify wilful defaulters
The Bangladesh Bank on Wednesday asked the country鈥檚 non-bank financial institutions to form unit by April 30 for identifying wilful loan defaulters as per the central bank鈥檚 guidelines...