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

Metro team starts work on maintenance finally

The metro rail's operation and maintenance team has finally joined work as they withdrew strike on Tuesday, thus giving signs of resuming train movement on the Uttara-Motijheel route from Sunday."We have joined work as the prime demand for addressing pay disparity has been approved by the company's board on Monday,"...

No more liquidity feeding to problem banks

Bangladesh Bank will no more extend liquidity support to weak and troubled banks by printing money rather the process of rescuing them now will be different, says Bangladesh Bank Governor Dr Ahsan H Mansur. He makes it clear that the central bank wouldn't opt for any desperate remedy like shutting...

Exchange, interest rates to be market-driven

Bankers are assured that the money market will function freely based on demand and supply, sans too many interventions like in the past.New Bangladesh Bank (BB) governor Dr Ahsan H. Mansur gave the assurance Monday to top executives of a group of leading commercial banks, now that banking and financial...

Govt to set up Foundation

The interim government has decided to set up a "Foundation" to take care of the wounded and the families of the dead and wounded who participated in the student-led revolution in July-August 2024, reports UNB.Chief Adviser Professor Muhammad Yunus will head the Foundation, which will include a number of Advisers...

Govt cancels rest of HSC exams as students besiege Secretariat

The government on Tuesday cancelled the remaining Higher Secondary Certificate (HSC) and equivalent examinations after a large number of examinees stormed the Secretariat in Dhaka to press home the demand.Prof Tapan Kumar Sarkar, head of the Inter-Education Board Coordination Committee and Dhaka Education Board chairman, made the announcement of cancellation...

Central bank reconstitutes National Bank board

In a span of three months, the Bangladesh Bank (BB) has once again dissolved the board of the National Bank PLC, a first-generation commercial bank, citing its failure to safeguard depositors' funds through compromising good governance in banking operations.The decision was communicated to the bank's managing director via a letter...