Monday, September 24, 2018, 04:23:00 PM

Pvt banks to pay 6pc interest on govt deposits

Senior Correspondent |
Update: 2018-07-02 11:10:23 AM
Pvt banks to pay 6pc interest on govt deposits
Photo symbolic, collected

DHAKA: Private Banks will have to pay 6 percent interest against the deposits of government institutions.

The decision was made in a meeting between Bangladesh bank governor Fazle Kabir and chief executive officers (CEO) of scheduled banks at Bangladesh Bank conference room on Monday (July 2).  

All active scheduled banks’ managing directors and central bank deputy governor Abu Hena Mohammad Razi Hasan and SM Moniruzzaman were also present at the meeting. 

BDST: 2110 HRS, JULY 1, 2018

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