Authorities must improve monitoring to keep the sector in check

Sheikh Abdul Hye Bacchu, the former BASIC Bank chairman accused in 58 cases of embezzling Tk 2,265 crore, remains at large due to delay in issuing the arrest warrant by the court.

Latest figures show how persistent the problem has been

Recent figures show alarming rise in defaulted loans

Leniency towards habitual defaulters led to this situation

Appellate Division’s observation on defaulted loans is right on the mark

ACC finally charge-sheets Basic Bank’s Bacchu, but it must explain the delay and other unresolved issues