Dhaka, Oct. 23 -- A clearly defined drive begins in acquisitions and mergers of problem banks as the regulator Thursday issued regulations for the Bank Resolution Ordinance 2025 made by the interim government for banking-sector reforms.

Officials said the regulations, rolled out by Bangladesh Bank-- the central bank--made the rules "more practical, operational, and effective, with clearly defined objectives and responsibilities".

Every act or ordinance requires corresponding rules and regulations to provide detailed modus operandi and clearer interpretations.

Accordingly, the regulations have been prepared to ensure smooth implementation of the Ordinance. The Board of Bangladesh Bank approved the set of rules.

People familiar with the...