Dhaka, Nov. 25 -- The Investment Corporation of Bangladesh (ICB) gets a Tk10-billion in interest-bearing government loan to invest in stocks to resuscitate bearish bourses of the country, sources say.

It's seen as a significant move as the decision comes just days after reports surfaced regarding the Finance Ministry's hesitation to funnel further funds for loan repayments, marking a policy turn to save the state-run investment agency.

For financing, the Financial Institutions Division (FID) of the finance ministry on November 20 issued a sanction order.

The FID has given a set of conditions to ensure discipline and transparent utilisation of the lent money.

The loan carries 5.0-percent interest, significantly lower than the 12+percen...