** Both muscle politics and political activist teachers are jointly to be blamed for universities' shameful low ranking ** Buyers flock to Karwan Bazar market in the capital to buy hilsa as the government has imposed a 22-day ban on catching, selling, hoarding and transporting of hilsa from Friday across the country to protect safe spawning of the fish during its peak breeding period. NN photo ** Bangladesh's economy is in quite strong position: PM ** Dengue spreading fast ** Palm oil price down by Tk 8 per litre, sugar price up Tk 6 per kg ** Tangail road crash leaves six dead ** National grid failure Probe on to determine sabotage ** 35 people killed in Thailand mass shooting ** HC cannot pass order in a policy decision matter of the govt : SC rules ** Cricketer Al-Amin claims, he divorces his wife ** The committee must see if efficient people are placed in the power sector to avoid an outage ** Vehicles struggle to ply on Dhaka-Narayanganj Link Road on Wednesday, as rains caused waterlogging in the area. NN photo ** Army personnel working to restore road communication at Sajek union under Baghaichhari Upazila in Rangamati district on Wednesday as heavy rains triggered landslide in the area, disrupting vehicular movement on Sajek-Khagrachhari road. NN photo ** Initiative taken to amend the hundred-year old Railways Act ** Probe body starts work to find out reasons for national grid failure ** Bigo Apps loots Tk 108cr spreading obscenity in Bangladesh ** US announces $625m military aid for Ukraine ** Brunei Sultan likely to visit Dhaka on Oct 13-15 ** Teen stabbed to death at Gopalganj Durga Puja fair ** Country reports 549 new Covid cases, 2 deaths ** 25 dead as bus falls into gorge in India ** Nearly 4000 tourists trapped as heavy rain triggers landslide at Sajek ** Dollar rebounds as global market rally fades ** Govt made money in the name of generating electricity: BNP ** Child labour crushing dreams of Bangladesh children **

Defaulted bank loans grow by Tk 11,835cr

12 August 2022

Staff Reporter :
The amount of defaulted loans in the county's banking system rose by Tk 11,835 crore at the end of June 2022 despite the central bank relaxed loan repayment conditions for borrowers.
The central bank offered the relaxation amid a recent surge in Covid infections and flooding in the country's northern and western areas.
As per the latest Bangladesh Bank data, the total defaulted loans in the banking sector increased to Tk 1,25,275 crore as of June 30,2022 from Tk 1,13,440 crore as of March 31 of this calendar year.
The ratio of the defaulted loans in the banking sector also rose to 8.96 per cent against the outstanding loans of Tk 13,98,592 crore at the end of June  2022 from 8.53  per cent against the outstanding loans of Tk 13,29,735 crore three months ago (March 2022), shows the BB data.
Besides, the amount defaulted loan in private commercial banks stood at Tk 62,6,78 crore, while the volume of such loan in  
state-owned commercial bank reached Tk 55,419 crore at the end of June 2022.
The amount of defaulted loans in two foreign commercial banks and specialised banks stood at Tk 2,975 crore and Tk 4,194 crore respectively.

Add Rate