Dhaka, March 16 -- The growth in banking sector deposits increased by 8.28 per cent in January this year, following a period of growth below 8 per cent for the last four months of 2024, according to the latest data from Bangladesh Bank.

Deposits grew by 7.44 per cent in December 2024, after standing at 7.26 per cent in September, 7.28 per cent in October, and 7.46 per cent in November, the data revealed.

Industry insiders attributed the prolonged low deposit growth to factors such as high inflation, reduced liquidity, and customer distrust in certain banks.

The Awami League government fell in the face of a mass movement that continued from July to August last year.

Even before that, the economy had been grappling with various challeng...