Defaulters see another hope for paying off debts

In a meeting chaired by Finance Minister AHM Mustafa Kamal with heads of all concerned regulatory authorities present, the decision was taken to provide defaulters with another lifeline. Defaulters will now be allowed to reschedule their loans for 12 years after finishing 2% down payment under a special package. Currently, defaulters are allowed to reschedule their loans at most for
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NPL rose to BDT 939 billion

The amount of classified loans rose more than 26% by the number of BDT 196.08 billion in the last fiscal year in spite of various measure taken by Bangladesh Bank. The amount of NPL was BDT 939.11 billion on 31 December, 2018 which was BDT 743.03 billion on the same date of 2017 according to BB. During the October-December period of
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