Ever piling up NPL is responsible for liquidity crisis of banks: 'Terrible trio' cause banks to bleed
Dhaka, May 1 -- Mega corporates
accused of
intimidating bankers
Anisur Rahman Khan
The banking sector is reportedly being dominated by three mega companies, which are allegedly mishandling bank assets, leading to a liquidity crisis and other financial irregularities.
Reports suggest that those who oppose the unjust demands of these companies face severe consequences, including humiliation and threats.
Both private and state-owned banks, including Janata, Rupali, Sonali, and Agrani, are grappling with significant liquidity issues. As part of the terms for a $4.7 billion loan from the International Monetary Fund (IMF), the government must reduce defaulted loans in state-owned banks.
Several high-ranking officials in the banking secto...
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