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Eight state-run banks accounted for more than half of the Tk 88,589 crore default loans in the banking sector at the end of the first quarter of 2018 as their unbridled indiscipline continues to weigh down the entire industry.
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Bangladesh Bank has failed to cool down the volatility in the foreign exchange market despite an injection of more than $2.30 billion so far in fiscal 2017-18.
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Bangladesh's current account deficit surpassed $8.51 billion for the first time in history at the end of April as the country's capacity to
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Twelve banks faced a provisioning shortfall of Tk 10,596 crore in the first three months of the year, a development that will compel banks to hike their interest rate on lending to ensure net profits.
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Some Tk 14,286 crore of loans defaulted in the first three months of the year, punching banks further into a corner in their uphill fight
