Banking News

BB asks banks to ensure smooth ATM, MFS services during Eid vacation

Staff Reporter Bangladesh Bank (BB) has asked the commercials banks to ensure smooth and uninterrupted transactions through the Automated Teller Machine (ATM), Point of Sale (POS), Internet Banking, Online e-Payment Gateway and Mobile Financial Services (MFS) during the vacation of Eid-ul-Azha. In a circular, the BB instructed the banks to ensure adequate security at the ATM booths, create awareness among ...

BB upgrades LC margin to toughen import of luxury products

Staff Reporter Bangladesh Bank (BB) has toughened import of luxury and nonessential items by making costlier provisions which include hiking Letter of Credit (LC) margins to 100 percent. The central bank issued a circular on Wednesday also widening the list of items under high import LOC margin. Luxurious items include Sedan car, Sport Utility Vehicle (SUV) and multi-purpose vehicle. The ...

Abdur Rouf next BB governor likely

Staff Reporter Senior Secretary of the Ministry of Finance Abdur Rouf Talukder is likely to be appointed as the next governor of Bangladesh Bank (BB). He will replace Fazle Kabir, whose tenure ends on July 4 next, according to sources at the finance ministry. They said a gazette notification will be issued by this month in this regard on completion ...

4 of a family killed in Sylhet landslide

Sylhet Bureau Four people of a family were killed and six others injured in a landslide in Jaintiapur upazila of Sylhet on Monday. The deceased were identified as Jabed Ahmed, 35, his wife Sumi Begum, 30, son Safi Ahmed, 5, and sister-in-law Shamimara Begum, 48, of Satjani village of the upazila. A large chunk of mud from an adjacent hill ...

Plantation of Awami Swechhasebak League in Shibganj on World Environ Day

Shibganj (Bogura) Correspondent On the occasion of World Environment Day on 5 June, a tree planting programme was arranged in Shibganj of Bogura at the initiative of Upazila Awami Swechhasebak League on Sunday afternoon. Upazila Awami League President Mostafizar Rahman Mosta, General Secretary Touhidur Rahman Manik, District Volunteer League Joint General Secretary Mohidul Islam, Upazila Volunteer League President UP Chairman ...

Accused who escaped with handcuffs arrested in Gaibandha

Gaibandha Correspondent Samiul Islam, 22, accused in a rape and abduction case of Gobindganj Police Station in Gaibandha, escaped from the police with a handcuff after being arrested. Finally, 6 days after the incident, the police were able to arrest the accused again. He was arrested on Sunday afternoon from Samaspara area of ​​TalukKanupur union in Gobindaganj upazila. This information ...

Unimaginable Success in Maize Cultivation in Rangpur dist

Rangpur Correspondent There has been unimaginable success in maize cultivation in Rangpur district this season. At the same time, the farmers are very happy to get good price for bumper maize crop this time. Last year, farmers got 90 to 110 maunds of maize per acre. This year they are getting 140 to 160 maunds of maize per acre. Not ...

District champion Kulaura boys and girls football team

Moulvibazar Correspondent Father of the Nation Bangabandhu Sheikh Mujibur Rahman National Gold Cup Football Tournament Boys (Under-18) 2022 and Bangamata Fazilatunnesa Mujib National Gold Cup Football Tournament Girls (Under-18) 2022 Moulvibazar District Level Closing and Prize Giving Ceremony has been completed. Kulaura Upazila Boys beat Moulvibazar Sadar Upazila Boys 6-5 in the final match played at Moulvibazar District Stadium on ...

RMG workers stage demo in city demanding wage hike

Staff Reporter Hundreds of workers of different garment factories in Mirpur area of the city have been staging demonstrations demanding a hike in wages. Abu Raihan Mohammad Saleh, joint commissioner of traffic (north), said workers of different garment factories took to the streets at Mirpur-10 Golchhatar area after 8 am. Later, workers of garment workers from adjacent areas, including Kazipara, ...

Demo, rallies of AL held in Gafargaon to protest death threat to Prime Minister

Gafargaon (Mymensingh) Correspondent The Upazila Awami League organized a protest procession against the death threat against the Prime Minister Sheikh Hasinaat Gafargaon under Mymensingh. The procession, led by Fahmi Golandaj Babel, president of the Upazila Awami League and member of the Jatiya Sangsad, held a brief rally at the party headquarters in Madhya Bazar on Saturday afternoon. Upazila Awami League ...