Bangladesh Bank (BB) Governor Dr Atiur Rahman yesterday asked the new chairman and acting managing director of the BASIC Bank to restore discipline in the bank, reports BSS.
Restoring discipline in the Bank is important to regain confidence of its clients, the governor said when the chairman Alauddin A Majid and acting managing director Fazlus Sobhan of the troubled bank met him at his office at the central bank headquarters. Following the meeting, BB Executive Director SM Moniruzzaman told journalists that new chairman and the acting managing director requested the central bank to allow lending activities by its three branches. 
The central bank earlier stopped lending activities by Gulshan, Dilkusha and Shantinagar branches of the Bank after found irregularities in credit disbursement in these branches.
The new administration of the Bank also urged for relaxing some conditions of memorandum of understanding signed between the bank and BB, said Moniruzzaman. He said the finance ministry and central bank and the already brought major changes to the Bank to restore discipline in the BASIC Bank.
The Finance Ministry last week dissolved the board of the BASIC Bank and appoint Alauddin A Majid as its new chairman on the following day. Earlier, Sheikh Abdul Hye Bachchu resigned from the Bank as chairman against backdrop of charges of corruption, irregularities and misappropriation of funds against the board of directors of the specialized bank.