Sri Lanka: a star in mobile banking
Sri Lanka is one of the few countries that have been successfully running mobile banking, reaching out to 50 percent
26 January 2016, 18:00 PM
India waiting for mobile banking
Ganesh Saini, who hails from a village in Rajasthan, works at a roadside restaurant in Jaipur for Rs 6,000 every month.
25 January 2016, 18:00 PM
Telcos find new identity in India's mobile banking
India is set to launch payments banks, a mobile banking system largely dominated by telecom companies that can
23 January 2016, 18:00 PM
Price cut not on govt's mind
Bangladesh Petroleum Corporation this year is expected to log in twice the profit it counted in fiscal 2014-15 on the back of the low oil price on the international market.
The benefits of this low price, however, are yet to trickle down to the consumers.
16 January 2016, 18:00 PM
BB takes steps to spur investment
The central bank yesterday announced policy rate cuts of 50 basis points as a push to the economy, as Bangladesh strives to achieve 7
14 January 2016, 18:00 PM
Rate cuts on the way after three years
The central bank is set to cut its policy rates for the first time in three years in an effort to spur investment in the economy.
13 January 2016, 18:00 PM
Muhith to join AIIB's first meeting
The first board meeting of the China-led Asian Infrastructure Investment Bank is set to be held on January 16 in Beijing, where major
12 January 2016, 18:00 PM
Bangladesh to be second best performer this year
Bangladesh is on track to log in the second best economic growth figure this year out of 93 countries, according to American news
12 January 2016, 18:00 PM
$200m project to automate state banks
The government is set to take up a massive automation programme with financial assistance from the World Bank for nine state-owned
11 January 2016, 18:00 PM
Govt to take up scheme for private sector pension
The government is set to take up a $100 million project to introduce a private sector pension scheme and automate the insurance regulator.
10 January 2016, 18:00 PM
Economic growth to keep up momentum: WB
Bangladesh's economic growth will keep up its momentum this fiscal year despite pressure on the budget from a salary hike for
7 January 2016, 18:00 PM
Padma bridge cost goes up further
The total cost of the much-hyped Padma bridge project will finally come to Tk 28,793.38 crore, which is almost
5 January 2016, 18:00 PM
State-owned banks to slash lending rates
Seven state-owned banks jointly decided to lower their lending rates by 1.5 to 2 percentage points in a bid to compete with private
4 January 2016, 18:00 PM
First dev project for former enclaves
The Executive Committee of the National Economic Council (Ecnec) is likely to endorse a Tk 181 crore project today for infrastructural
4 January 2016, 18:00 PM
Little cheer for state banks in 2015
State-owned commercial banks saw their operating profits decline 4.69 percent year-on-year in 2015 owing to low credit growth and
4 January 2016, 18:00 PM
Banks' capital base strengthens
Banks' overall capital base went up 6.58 percent in the third quarter of 2015 from three months earlier as the asset quality of private
3 January 2016, 18:00 PM
Banks saw slim profits in 2015
Banks managed to log in profits for 2015 despite a tough start to the year by way of political turmoil for the first
2 January 2016, 18:00 PM
2015: A bumpy year for banks
Banks saw less profit in 2015 owing to low credit demand, cautious lending policy and the sluggish business environment.
28 December 2015, 18:00 PM
State banks mull rate cuts as credit growth slows
Four state-owned commercial banks opened talks to lower their lending rates by 1-2 percentage points in a bid to compete with
19 December 2015, 18:00 PM
Now alternative for teachers
Public university professors under an alternative system would get salaries of grades 1 and 2 of the new pay scale, subject to approval
18 December 2015, 18:00 PM