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Banks list 3,483 wilful defaulters

Banks identified 3,483 wilful defaulters who together owe about Tk 29,000 crore, according to a recent Bangladesh Bank report.

Deplorable central bank delay in getting at wilful defaulters

THE volume of non-performing loans has increased by Tk 745.7 billion in the January–March quarter, taking the total to a record high of Tk 4,200 billion and the figure accounts for 24.13 per cent of the total outstanding loans, by far the highest in South Asia. Whilst this has happened, banks which have already identified more than 1,500 wilful defaulters, the borrowers...