Dhaka, Bangladesh, Nov. 7 -- The government has agreed to form a banking commission to review the health of the sector and take necessary reform measures in line with demand of different quarters.

"We'll form a commission within a short time under the leadership of the Bangladesh Bank," he told reporters in response to a query, after a meeting of the cabinet committee on purchase at the secretariat in the capital Dhaka on Wednesday.

Earlier the government had announced a six-point reform programme, including the enhancement of capital base for streamlining the country's banking sector.

Under the reform package that was announced in the budget for FY '20, the authorities will jack up the capital base of banks - authorised and paid-up in...