Bangladesh Bank on Tuesday slapped financial penalty amounting to Tk 50,000 on Janata Bank due to its failure in settling foreign bills against letters of credit in due time.

Congratulating Narendra Modi on becoming the prime minister, India Inc on Monday said it was looking forward to an era of renewed trust and expressed confidence that the nation will leapfrog into a higher orbit of growth creating more jobs, income and social stability.

Bangladesh Bank governor Atiur Rahman on Tuesday asked scheduled banks and non-bank financial institutions not to finance any project which will put an adverse impact on environment.

State-run Sonali Bank yesterday filed another case against Hall-Mark Group on charges of taking more than Tk 450.84 crore in loans on fake documents.

Azam J Chowdhury has been elected chairman of Prime Bank for two years from June 1, the bank said in a statement yesterday.

Pubali Bank Limited organised a five-day-long training programme titled “Refreshers Course” for the deputy managers of the bank at the bank’s training institute recently.

Union Bank Limited opened a branch at Badarkhali, Cakaria, in Cox’s Bazar on Monday

ADB to finance mega coal-fired power project at Moheshkhali Govt has a target to set up plants for 8,320MW electricity there

The default loans of BASIC Bank growing abnormally fast in the recent months as loans the bank had disbursed through irregularities are getting matured. In March only, it rose by Tk1,140 crore or more than 80% to stand at Tk2,557 crore from Tk1,417 crore in February as the newly classified loan i...

Bangladesh Bank on Monday imposed temporary embargo on three branches of state-