The High Court refuses to grant bail to Mahbubul Haque Chisty, former chairman of Farmers Bank audit committee, in a corruption case filed on charge of misappropriating Tk 160 crore of the bank.

Jamaluddin Ahmed has recently been appointed chairman of Janata Bank.

Mahmudul Alam and Abdur Rahman have recently joined AB Bank as deputy managing directors.

The High Court (HC) scraps orders of Bangladesh Telecommunication Regulatory Commission (BTRC) asking Grameenphone to pay Tk 30 crore of fine for providing broadband internet services under Go Broadband.

Telecom operator Banglalink on Wednesday launched a digital healthcare service platform called “Daktarbhai” to provide comprehensive solutions to customers.

Shasha Denims is going to acquire 80 percent of shares of EOS Textile Mills worth Tk 110.68 crore.

Prime Minister Sheikh Hasina inaugurates ‘Gaangchil’, the third Boeing 787-8 Dreamliner of Biman Bangladesh Airlines, setting up a new milestone for the national flag carrier.

Goodness has a value and a cost and consumers should understand this and be willing to pay extra because companies have to spend more when they follow good practices with a view to ensuring safety in the value chain of foods.

Grameenphone has appointed Jens Becker as its new chief financial officer (CFO), effective from August 15.

In a baffling move, the central bank is set to allow precarious Janata Bank to reschedule default loans amounting to Tk 1,049 crore of little-known Root Group that ranks 49 out of the top 300 defaulters in the country.

Two state-owned banks -- Sonali Bank and Janata Bank -- get new chairmen, according to a letter issued by the finance ministry.

Exports brought home record amounts in July, in a development that will bring a huge sigh of relief for the government battling sizeable balance of payments deficit.

The managing directors of Sonali Bank and Rupali Bank yesterday swapped seats for the next three years, in what can be viewed as a baffling round of musical chairs.

The managing directors of Sonali Bank and Rupali Bank swaps seats for the next three years, in what can be viewed as a baffling round of musical chairs.

The Reserve Bank of India (RBI) is looking to get banks to link some new loans to its key policy rate or other external benchmarks, Governor Shaktikanta Das said on Monday, as he pushes them to cut rates faster to stimulate a flagging economy.

Prime Minister Sheikh Hasina will inaugurate third Boeing 787-8 Dreamliner “Gangchil” on Thursday.

Loan write-offs almost quadrupled in the first quarter of the year on the back of the central bank’s easing of rules, in a sobering reminder of the banking sector’s deteriorating financial health.

The government’s bank borrowing last fiscal year was almost half of what it had planned to, thanks to its lower development expenditure and higher sales of national savings certificates, much to the relief of the cash-strapped banking sector.

The central bank is set to come up with a new formula for calculating the cost of funds for banks with a view to bringing down the interest rate on lending, much to the trepidation of bankers.

Banking commission will be formed within a reasonable time with a view to perking up the financial health of banks, Finance Minister AHM Mostafa Kamal says.