Dhaka, May 9 -- Settling classified loans gets tougher as government's loan-recovery support committee asks defaulters to justify their annual revenue earnings and loan-repayment capabilities by engaging reputed international auditors, insiders said.
The corporates and businesses at repayment fault have also been asked to incorporate their lenders-commercial banks and nonbank financial institutions (NBFIs)-into the verification system before getting the loan-repayment-relaxation facilities, they told the FE Friday.
Some big-shot corporates and businesses have queued up with petitions for longer-term loan- repayment facilities from the recovery-support committee formed by the post-uprising government as they want to pay back the overdue ...
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