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Bangladesh Bank removes deposit-rate cap

Business Desk | banglanews24.com
Update: 2023-12-13 15:31:01
Bangladesh Bank removes deposit-rate cap

Bangladesh Bank (BB) has lifted the interest-rate cap to unshackle bankers for collecting deposits of three months and above, thus making the interest regime market-based.

The central bank now did it as the interest rate on lending has already been made market-based.

The Bangladesh Bank issued a circular on Tuesday in this connection.

BDST: 1530 HRS, DEC 13, 2023
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