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    Tag:Banks

    Bangladesh: Tk 1.3 Trillion in Defaulted Loans Pushes Shariah-Based Banks Toward Crisis

    Bangladesh Bank has confirmed the formation of a task force to evaluate the situation. It is also drafting a new “Bank Resolution Act” that will provide a legal and procedural framework for the proposed mergers and acquisitions.

    Rights Expert Urges Banks to Stop Financing Myanmar Junta Weapons Trade

    Foreign banks are allegedly helping Myanmar’s military junta acquire weapons and military supplies, facilitating a “campaign of violence and brutality” as the civil war there grinds...

    Time Running Out to Address Afghanistan’s Hunger Crisis; Without a Functioning Central Bank, Aid Not Enough

    The drought and a shortage of funds has fuelled an economic crisis – more than 70 percent of Afghanistan’s population live in rural areas...

    COVID-19 impacts Bangladesh banks’. Bad loans rise by 8 per cent in December

    In what clearly looks like a case of pandemic blues, cases of default on bank loans have been pushed up by 8 per cent...

    India should spend its way out of post-COVID-19 economic crisis

    In view of the structural break in the global economy as well as the domestic economy, the government’s budget plans should be two-pronged —...

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    Justice is Not a Privilege, It is a Right for Every Child: Justice Savitri Ratho

    Justice Madan Lokur, Chairperson of the United Nations’ Internal Justice Council and former Judge of the Supreme Court of India, emphasised the need for meaningful access to justice for children—as victims, as accused, and as those in need of care and protection, in all their avatars.
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    Climate Justice Starts with a Bus Ride: A Lifeline for Delhi’s Waste Pickers

    For Delhi’s waste pickers, a working bus route is not a luxury. It is a pathway to dignity, safety, and survival. In a city battling extreme heat, toxic air, and rising inequality, climate justice might just begin with a seat on a functioning, inclusive bus.

    Sri Lanka Launches First Public-Private Water Supply Partnership with ADB Support

    The pilot in Galle is seen as a potential blueprint for nationwide replication, with implications for addressing water inefficiencies throughout Sri Lanka. If successful, it could also serve as a model for other countries in the region facing similar challenges.

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    Justice is Not a Privilege, It is a Right for Every Child: Justice Savitri Ratho

    Justice Madan Lokur, Chairperson of the United Nations’ Internal Justice Council and former Judge of the Supreme Court of India, emphasised the need for meaningful access to justice for children—as victims, as accused, and as those in need of care and protection, in all their avatars.

    Climate Justice Starts with a Bus Ride: A Lifeline for Delhi’s Waste Pickers

    For Delhi’s waste pickers, a working bus route is not a luxury. It is a pathway to dignity, safety, and survival. In a city battling extreme heat, toxic air, and rising inequality, climate justice might just begin with a seat on a functioning, inclusive bus.