Dhaka, April 17 -- After climbing above the 8 percent mark in January, deposit growth in Bangladesh's banking sector has slipped below the threshold again.

At the end of February in the fiscal year 2024-25, deposit growth stood at 7.89 percent, down from 8.28 percent the previous month, according to a Bangladesh Bank report published on Wednesday.

The total volume of deposits reached Tk 17.92 trillion, compared with Tk 16.61 trillion in February 2024.

In January, the total deposit amount was Tk 17.81 trillion.

Bangladesh Bank's updated report shows that since September in the current fiscal year, deposit growth had been declining, falling to 7.26 percent in that month.

It saw a slight increase to 7.28 percent in October, rose to 7.46...