The state-owned bank's failure to meet any of the performance targets set by the central bank raises a red flag.

Janata Bank has failed to meet any of its performance improvement targets set by the central bank in the first half of the year -- a worrying development given that the state bank accounts for the second-highest volume of deposits and loans among the 61 scheduled lenders in Bangladesh.

Just two big borrowers have plunged the once-profitable Janata Bank into such a precarious situation that the state-owned lender may

Janata Bank has been granting undue favour to yet another big borrower, allowing the company to open letters of credit (LC) one after another overstepping all sorts of banking rules, multiple Bangladesh Bank investigations have found.

Luna Shamsuddoha joins Janata Bank Limited as the chairman becoming the first woman chairman of any state-owned bank of the country.