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BB relaxes exit policy for loan defaulters

The Bangladesh Bank on Monday relaxed the exit policy for loan defaulters, lowering the minimum down payment requirement to encourage wider adoption of the policy...

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BAB urges BB to close regulatory loopholes to recover NPLs

The Bangladesh Association of Banks (BAB) on Wednesday urged the Bangladesh Bank to address regulatory loopholes, particularly the practice of borrowers filing writ petitions to avoid being classified as loan defaulters...

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BB now offers exit option to loan defaulters

The Bangladesh Bank on Monday introduced an exit policy for loan defaulters after its various efforts to curb the rising tide of bad loans in the country鈥檚 banking sector...

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Finance minister for crackdown on loan defaulters

Finance minister Abul Hassan Mahmood Ali on Sunday said that the next course of action should be launching crackdown on loan defaulters after the exchange rate problem was almost fixed...

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