An independent deposit insurance mechanism is crucial for ensuring a stable financial system through close monitoring of the banks' liquidity positions.

Bangladesh Bank’s banking sector reform roadmap of last week will come to no use if the implementation failures of previous roadmaps cannot be understood, said eminent economist Wahiduddin Mahmud yesterday.

Bangladesh Bank's banking reform roadmap is nothing new, but failures to implement it has distressed the sector, said eminent economist Wahiduddin Mahmud

Deputy Governor Abu Farah Md Nasser likely to be appointed in the post