The bank also made a profit of Tk  49.80 crore in the January to September period, posting a 16 percent increase year-on-year

Government-owned banks and non-bank financial institutions yesterday highlighted 25 innovative initiatives that offer various financial services to customers.

Anyone would balk at the idea of granting yet another rescheduling facility to a defaulter who has outstanding loans of Tk 1,168 crore since 1993 and has not shown any genuine interest or effort in paying back its loans. But the Rupali Bank board didn’t.

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 High Court yesterday summoned three top officials of Rupali Bank Ltd to appear before it on February 13, who were exempted from charges in a corruption case over misappropriation of Tk 15 core from the bank.

Law enforcers recover a slit-throat body of a bank official from his house in Chittagong city.

Seven months after the government announced a Tk 2,000 crore “recapitalisation” of state-owned banks, the financial institutions have started asking for fresh money from the government. This time their demand is much higher -- a little over Tk 20,000 crore -- than what they were given in the budget for this year.

After Farmers Bank, a non-bank financial institution has failed to pay a depositor's money, a development that erodes depositors' confidence.

The central bank appoints four observers to the boards of four state-owned commercial banks.

A Dhaka court orders the Rupali Bank to pay Tk 6 lakh as compensation to the family of a rickshaw-puller killed in a road crash.