Dhaka, Nov. 24 -- Commercial banks now can offer special rescheduling facility for up to 10 years with a two-year grace period to borrowers whose loans are classified as of November 30, under a generous government bailout package.

In a major regulatory policy shift, the central bank issued Monday a circular relaxing regulations aimed at restoring the struggling business and financial operations of both classified and unclassified borrowers.

The Bangladesh Bank firman, issued by its banking regulation and policy department (BRPD), says the facility comes for borrowers whose loans are classified as SS or substandard, DF (doubtful), or BL (bad/loss) as of November 30.

Earlier, the timeline was June 30, 2025.

To avail the facility, the bo...