www.thedailystar.net Open in urlscan Pro
2606:4700:10::6816:2fc0  Public Scan

Form analysis
1 forms found in the DOM

GET /search

<form action="/search" method="get">
  <input type="text" name="t">
</form>

Text Content

Skip to main content
T
Tuesday, March 14, 2023

E-paper Today's News বাংলা
 * Home
 * News
 * Opinion
 * Health
 * Sports
 * Business
 * Entertainment
 * Culture
 * Life & Living
 * Youth
 * Tech & Startup
 * Feature
   * Lifestyle
   * Arts & Entertainment
   * Showbiz
   * Star Health
   * Satireday
   * Shout
   * Toggle
   * Star Literature
   * In Focus
   * Star Youth
   * Shift
   * Daily Star Books
   * Roundtables
   * Star Holiday
   * weekend read
 * More
   * Environment
   * NRB
   * Supplements
   * Law & Our Rights

 * E-paper
 * বাংলা
 * 

×
Search Epaper T
 * Today's News
   

 * Home
 * News
 * Opinion
 * Health
 * Sports
 * Business
 * Entertainment
 * Culture
 * Life & Living
 * Youth
 * Tech & Startup
 * Feature
   * Lifestyle
   * Arts & Entertainment
   * Showbiz
   * Star Health
   * Satireday
   * Shout
   * Toggle
   * Star Literature
   * In Focus
   * Star Youth
   * Shift
   * Daily Star Books
   * Roundtables
   * Star Holiday
   * weekend read
 * More
   * Environment
   * NRB
   * Supplements
   * Law & Our Rights

--------------------------------------------------------------------------------

 * About Us
 * Contact Us
 * Apps
 * Comment Policy
 * RSS
 * Sitemap
 * Advertisement
 * Newsletter
 * Privacy Policy
 * Conference Hall
 * Archives

 * 
 * 
 * 
 * 
 * 


Business
AddThis Sharing Buttons
Share to FacebookFacebookShare to TwitterTwitterShare to WhatsAppWhatsAppShare
to LinkedInLinkedInShare to ViberViberShare to EmailEmailShare to MoreAddThis



SICK INDUSTRIES TO GET LOANS AT BANKS’ COST OF FUND

Sick industries have to apply to respective banks by June 30 to get the benefit
Star Business Report
Mon Mar 6, 2023 10:15 PM Last update on: Mon Mar 6, 2023 10:21 PM


Bangladesh Bank has given go-ahead to scheduled banks to impose interest on sick
industries' loan amount at the highest rate of their cost of fund.

To get the benefits the sick industries need to apply to their respective banks
within June 30 of this year, according to a circular issued by the central bank
today.

FOR ALL LATEST NEWS, FOLLOW THE DAILY STAR'S GOOGLE NEWS CHANNEL.

Only sick industries which made it to the list of the industries ministry will
be allowed to apply, except the sick textile companies, it said.

Before the application, the industries are ordered to submit a down payment.



Earlier in October, the banking watchdog issued a circular relaxing loan
repayment policy for sick industries enlisted by the commerce ministry such that
the beleaguered businesses can refund their loans on easy conditions.

If a sick industry pays 2.5 per cent down payment of the principal amount of
loans, they will be eligible to get a rebate on the whole interest payment,
according to that Bangladesh Bank notice.

After rebating the interest, banks will have to impose the interest rate on the
remaining principal amount equivalent to their cost of fund.



The central bank termed the opportunity as a one-time exit facility for the
businesses, which are now in a defaulted zone.


Related topic:
Sick industriescost of fundBangladesh Bank
Click to comment

COMMENTS

Comments Policy


RELATED NEWS




BANGLADESH APPROACHED IMF AT THE RIGHT TIME




IMF GETTING BB READY FOR POST-LDC WORLD

3w ago


SPIKE IN FUNDING COSTS TO HURT BANKS’ PROFITABILITY

2w ago


PROVISIONING RULES EASED FOR BANK LOANS TO BROKERAGE HOUSES, STOCK DEALERS




GOVT’S HIGHER BORROWING FROM BB STOKES INFLATION RISK

3w ago

৯ মিনিট আগে|ইংল্যান্ড-বাংলাদেশ সিরিজ ২০২৩


বিশ্ব চ্যাম্পিয়ন ইংল্যান্ডকে হোয়াইটওয়াশ করল বাংলাদেশ

টি-টোয়েন্টি ক্যারিয়ারের শততম উইকেট নিয়ে মোস্তাফিজুর রহমান এনে দিলেন গুরুত্বপূর্ণ
ব্রেক থ্রু। দারুণ ফিল্ডিংয়ের সঙ্গে যুক্ত হলো বাকি বোলারদের নৈপুণ্য। ঘুরে দাঁড়িয়ে
ইংলিশদের হোয়াইটওয়াশ করল সাকিব আল...

২০ মিনিট আগে|শিক্ষা


শিক্ষার্থীদের স্মার্ট করতে অলিম্পিয়াড আয়োজনের বিকল্প নেই: শিক্ষামন্ত্রী



Journalism without fear or favour
 * About Us
 * Contact Us
 * Apps
 * Comment Policy
 * RSS
 * Sitemap
 * Advertisement
 * Newsletter
 * Privacy Policy
 * Conference Hall
 * Archives

© 2023 thedailystar.net | Powered by: RSI LAB
Copyright: Any unauthorized use or reproduction of The Daily Star content for
commercial purposes is strictly prohibited and constitutes copyright
infringement liable to legal action.
 * 
 * 
 * 
 * 
 * 





X
Video Player is loading.
Play Video
Pause
Unmute

Current Time 0:00
/
Duration 0:05
Loaded: 0%


0:00
Progress: 0%
Stream Type LIVE
Remaining Time -0:05
 
Playback Rate

1x
Chapters
 * Chapters

Descriptions
 * descriptions off, selected

Captions
 * captions settings, opens captions settings dialog
 * captions off, selected

Audio Track

Fullscreen

This is a modal window.



Beginning of dialog window. Escape will cancel and close the window.

TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque
Font Size50%75%100%125%150%175%200%300%400%Text Edge
StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional
Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall
Caps
Reset restore all settings to the default valuesDone
Close Modal Dialog

End of dialog window.

Advertisement: 0:07





X
AddThis Sharing Sidebar
Share to FacebookFacebookShare to TwitterTwitterShare to WhatsAppWhatsAppShare
to LinkedInLinkedInShare to ViberViberShare to EmailEmailMore AddThis Share
optionsAddThis
Hide
Show
Close

AddThis

AddThis Sharing
FacebookTwitterWhatsAppLinkedInViberEmailAddThis