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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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    Thali Costs Climb in June on Vegetable and Fuel Price Surge, says CRISIL

    June 2026’s thali cost increases highlight the interplay of domestic weather, global supply issues, and structural factors in India’s food inflation.
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    Unpaid Burden: Sri Lanka’s Women Work 8.5 Months a Year for Free

    Experts advocate treating care as essential social infrastructure. Expanding services, redistributing unpaid work through policy, and challenging norms that sideline educated women could unlock significant gains.

    Deadly Monsoon Fury: Bangladesh Battles Widespread Flooding Crisis

    This 2026 event arrives after earlier haor region floods earlier in the year, underscoring recurring pressures. Migration to urban centres and climate adaptation efforts remain critical long-term challenges.

    Must read

    Thali Costs Climb in June on Vegetable and Fuel Price Surge, says CRISIL

    June 2026’s thali cost increases highlight the interplay of domestic weather, global supply issues, and structural factors in India’s food inflation.

    Unpaid Burden: Sri Lanka’s Women Work 8.5 Months a Year for Free

    Experts advocate treating care as essential social infrastructure. Expanding services, redistributing unpaid work through policy, and challenging norms that sideline educated women could unlock significant gains.