Bangladesh, March 16 -- Leading commercial banks provide consumer finance that surpasses the growth rate of banks' total lending violating the central bank instruction, according to an investigation.

In 2017, the Bangladesh Bank issued a circular, asking banks to provide consumer finance in such a way that the growth rate under consumer financing cannot go beyond that of total loans.

Consumer financing usually consists of credit cards, car loans, housing loans, marriage loans and "any purpose loans."

This type of financing raises the inflationary pressures on the economy, especially the headline inflation.

For this reason, the central bank encourages loans to productive sectors, which support economic expansion and employment creation....