Dhaka, March 24 -- Shadows of intensified liquidity pressure hover over banks as the banking regulator decides to phase out from April 10 the prime borrowing instrument used for feeding funds to the commercial lenders.

Bangladesh Bank, the country's central bank, made the decision to wrap up the 28-day repo window not only to force commercial banks to seriously focus on efficient fund management but also help in making transactions on the call-money market vibrant.

But bankers balk at the latest regulatory move on the monetary front that falls in a string of policy measures of recent times meant for streamlining the banking system left unkempt by the past regime, sources say.

They presage such initiative will put more liquidity pressur...