Dhaka, Dec. 26 -- Commendably, Bangladesh bank is now well-aware of the causes of poor recovery of defaulted loans as well as delayed case disposal and trying to mitigate the crisis of non-performing loans (NPLs) in the banking sector. A number of steps have already been taken by the central bank. Focus should be on the nature and effectiveness of each step or directive, and also on what is still ignored as a real remedy for rejuvenating the recovery drive. It has to be made clear-what actually we are pursuing - balance sheet beautifying approach or balance sheet enriching approach or both in a balanced framework? During the regime after July-uprising, we have had an opportunity to initiate reforms in many crucial areas, and as such strin...