Lending rate of most banks dip below 7%

The weighted average lending rate of 18 banks dropped below 7% in April Lending rate of most of the banks dropped below 7% in April owing to the poor credit demand amid the ongoing Covid-19 pandemic. The weighted average lending rate of 18 banks dropped below 7% in April, while the deposit rate of 19 banks dropped below 4% in the

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Updated bankers’ book evidence bill in the offing

The proposed law is going to replace the old Bankers’ Book Evidence Act 1891 The Bankers’ Book Evidence Bill 2021, defining the digitally recorded documents as such evidence under the proposed law, was placed in the parliament on Monday. Though there is already a law to deal with it, the draft of the new law was brought to incorporate digitally-recorded evidence in it. Finance Minister AHM Mustafa

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