BB body to suggest actions against banks

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FE Report
Murshid Kuli Khan, the newly appointed Deputy Governor of the central bank, has been made chairman of the Bangladesh Bank Standing Committee, official sources said.
The committee has been formed to recommend removal of directors, chairmen, managing directors and suppression of board of directors of commercial banks under the 46 and 47 clauses of Banking Companies Act 1991.
The committee will recommend the governor for taking any action against the banks for violations of the existing banking rules and norms.
Murshid Kuli Khan took the charge of the committee after retirement of Allah Mailk Kazemi as deputy governor of Bangladesh Bank (BB).
Other members of the committee are: Economic Adviser of the BB Habibullah Bahar, Executive Director Yasin Ali and General Manager Naba Gopal Banik.