Dhaka, June 5 -- Deposit growth in the banking sector slowed to 8.21 percent in April, down from 8.51 percent in March, despite a slight rise earlier.

This marks the seventh consecutive month of single-digit growth, according to new data released by Bangladesh Bank on Wednesday.

At the end of April 2024, total bank deposits stood at Tk 18.2 trillion, compared with Tk 16.81 trillion a year earlier.

The central bank's figures show deposit growth was 7.89 percent in February and 8.28 percent in January.

Since September of the current fiscal year, the trend has remained subdued, with growth dipping to 7.26 percent that month, slightly rising to 7.28 percent in October, 7.46 percent in November and 7.44 percent in December.

Bangladesh Ban...