More

    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 —...

    Latest news

    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.
    - Advertisement -

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.

    Government Extends Interest Relief for Farmers, Reinforces KCC and MISS as Pillars of Agricultural Credit

    Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.

    Must read

    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.