Dhaka, Oct. 1 -- The state-run Bangladesh Development Bank PLC (BDBL) has sought Tk 50 billion as financial support from the government to help expand its overall operations, sources said.

Managing Director and CEO Md. Jashim Uddin in a letter made such a request to the Finance Adviser, aiming to boost the bank's investment, widen its banking operations and mobilise increased volume of inward remittances.

At the same time, the BDBL has submitted a set of business and operational plans to the finance ministry, according to the official sources.

In the letter, Mr. Jashim Uddin claimed that the bank faced a major setback following a sudden decision of the previous government in 2024 to merge the bank with another state-owned bank through ...