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BB cuts agri, rural credit rate

Sunday, 21 December 2014


Bangladesh Bank (BB) on Sunday cut the interest rate of agriculture and rural credit by 2.0 per cent to 11 per cent. The Banking Regulation and Policy Department of the central bank in a circular said that from January 1, 2015, the annual interest rate against agriculture and rural credit would be 11 per cent instead of the current 13 per cent, according to a news agency.