Finance News: Latest Financial News, Finance News today in Bangladesh

SoBs defy MoF order on public display of top defaulters’ list

None of the state-owned banks (SoBs) and financial institutions have displayed the list of top loan defaulters on their notice boards and posted the same on websites, defying a directive of the ministry of finance (MoF), officials said.The directive was issued a year earlier.Most of the lenders said the matter...

Crowded office room of returning officer

The crowded office room of the returning officer in the city on Monday as candidates and their representatives gathered there to get their election symbols allocated ahead of Dec 30 parliamentary polls — FE Photo

Full execution of new VAT law likely in FY 22, says Muhith

Finance Minister A M A Muhith on Monday said the new VAT law might be fully implemented in fiscal year (FY) 2021-22.He made the comment just after a day the National Board of Revenue (NBR) chief pledged to implement the new law from next FY.Implementation of the new law was...

Refrain from violence, ensure credible polls

Heads of Mission of the European Union (EU) and the heads of Mission of Norway and Switzerland in Dhaka urged on Monday all the political parties to meet their democratic responsibilities and refrain from election violence, reports UNB.They said participatory elections constitute an important step in the ongoing process of...

Banks' provisioning shortfall swells in nine months

Overall shortfall in provisioning against loans in the country's banking system swelled by over 20 per cent or Tk 13.60 billion during the first nine months of the year.The total amount of provisioning shortfall rose to Tk 81.27 billion as on September 30 from Tk 67.67 billion nine months ago,...

RBI chief quits after spat with govt

NEW DELHI, Dec 10 (AFP): The head of India's central bank resigned on Monday following a public spat with Prime Minister Narendra Modi's administration about alleged government interference.Reserve Bank of India (RBI) governor Urjit Patel cited "personal reasons" for his decision, but media reports have said that he was annoyed...

News Watch- (11-12-2018)

HC decides on Khaleda's candidacy todayThe High Court will decide today (Tuesday) whether jailed BNP Chairperson Khaleda Zia can participate in the upcoming general election. Her nominations for Feni-1, Bogura-6 and 7 constituencies have been rejected by returning officers. The Election Commission also upheld the decisions, prompting the former prime...