Dhaka, Sept. 24 -- The volume of fixed deposits with the banking system fell by 2.41 per cent in the second quarter ending in June compared to January-March, dwindled by lower interest rate.

The amount of fixed deposits decreased by Tk 139.4 billion to Tk 5.67 trillion in the three months to June compared with the preceding quarter.

The volume of savings deposits, on the other hand, grew by nearly 9.0 per cent to Tk 2.7 trillion in April-June period over January-March.

The current share of fixed deposit to total deposits is nearly 45 per cent while savings accounts belong to over 21 per cent.

Published by HT Digital Content Services with permission from The Financial Express....