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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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    Pakistan:Residents Demand Accountability as Shakai Dand Dam Languishes Incomplete After 12 Years

    As Pakistan grapples with climate change, population growth, and water stress, every stalled dam represents a missed opportunity for resilience.
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    El Niño Cuts Monsoon Rainfall by 43 Per Cent; 315 Districts Across 12 States Likely to be Affected

    The centre has sounded an alarm over the likely impact of El Niño on India's 2026 southwest monsoon, warning that 315 districts across 12 states could face significant rainfall deficits during the crucial kharif cropping season.

    Video Competition for Youth to Celebrate Shared Heritage Through Digital Creativity

    As South Asia grapples with climate vulnerabilities, economic disparities, and historical animosities, initiatives like COVA’s video competition offer a beacon of hope.

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    Pakistan:Residents Demand Accountability as Shakai Dand Dam Languishes Incomplete After 12 Years

    As Pakistan grapples with climate change, population growth, and water stress, every stalled dam represents a missed opportunity for resilience.

    El Niño Cuts Monsoon Rainfall by 43 Per Cent; 315 Districts Across 12 States Likely to be Affected

    The centre has sounded an alarm over the likely impact of El Niño on India's 2026 southwest monsoon, warning that 315 districts across 12 states could face significant rainfall deficits during the crucial kharif cropping season.