Dhaka, Jan. 31 -- Bangladesh Bank has established a five-member selection committee on Thursday tasked with providing policy support for the restructuring of businesses and financial operations of affected borrowers.

The measures have been taken to address various external economic challenges.

Officials stated that this initiative aims to stabilise the banking sector and sustain economic activities in light of ongoing global and domestic uncertainties.

The committee is composed of representatives from Bangladesh Bank, the Ministry of Finance, and the private sector.

The committee is headed by Mezbah Ul Haque, Executive Director of the Off-site Supervision Department at Bangladesh Bank, with members including Dr. Delwar Hossain, Joint Se...