Dhaka, July 22 -- Finance Minister AHM Mustafa Kamal on Monday said that non-performing loans has come down in state-owned banks from December last.

"Similarly most of the banks have brought interest rate down to single digit. Others will implement it soon," the minister said this at a meeting with Chairman and Managing Director (MD) of state run banks of the country at the Finance Ministry's conference room in the secretariat.

Mustafa said that there have been a lot of talks about non-performing loans in media. "I said it won't increase but media said it rose. Actually it did not increase. The review shows non-performing loan has decreased from 2018."

"We will continue communication with the clients to strengthen the bank sector. But ...