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Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 ...
After Shirin retired, she joined the Karmasangsthan Bank in December 2021. [22] Bangladesh Krishi Bank asked for deposits from State owned enterprises. [23] In June 2022, it had the highest capital shortfall in Bangladesh with 128.77 billion taka. [24] It received an appreciation letter for distributing loans from the Bangladesh Bank. [25]
In September 2021, a special internal audit of NRB Bank found that the bank engaged in "unethical" investments in the stock marketing causing harm to both the bank, a loss of 1.03 billion taka, and the stock market. [13] [14] Bangladesh Bank finned the bank 4.9 million taka over the investments and market manipulation.
On 23 September 2021, an inspection by Bangladesh Bank found that the bank overstated the cash in its vault of Gulshan branch by 190 million out of a total of 310 million taka. [10] Deputy managing director of Union Bank PLC , Hasan Iqbal, said that the missing cash was given to a "VIP client" after regular hours.
In June, the Bank had 19.54 billion BDT in bad loans accounting for 9.63 per cent of all loans of the bank. [20] In November, Bangladesh Bank appointed Md Shazzad Hossoin, an official of Bangladesh Bank, to one bank as an observer. [20] One Bank reduced their CEO pay following decline in profit in 2021. [21]
On 3 January 2021, NRB Global Bank rebranded itself as Global Islami Bank and became a sharia compliant bank. [17] In June, the banks proposal to raise 42.5 billion taka from an IPO was approved by Bangladesh Bank. [7] In September 2021, Bangladesh Bank fined the bank for going beyond the investment ceiling for banks in the stock market. [18]
The Institute of Bankers was registered on the 6 February 1973 as an association under the Societies Registration Act, 1660 (Act No. XXI of 1660). [2] Before that some eminent bankers and other professionals decided, in a meeting held on 26 July 1972, to establish the institute as a professional body of banks and financial institutions in Bangladesh.
The University of Rajasthan, informally known as Rajasthan University (RU, ISO: Rājasthān Viśvavidyālaya), is a public state university located in Jaipur, Rajasthan, India.