Impact of social media on democracy

Faisal explained how people from different communities in India are being threatened and instigated against other groups through social media. Moving forward, he stressed on increasing the integrity and transparency of social media. According to Rezwan Islam, communications and outreach coordinator at Engage Media, the roles of individual users, fact-checkers, journalists and others will be […]

Legal concession for Nagad Digital Bank: exemption from shareholding restrictions

Digital banks also cannot provide any over-the-counter services and must provide round-the-clock service. To provide better services to the consumers, developed technology-based products including virtual cards, QR codes can be introduced but no plastic cards can be supplied. However, consumers can use ATM booths and agents of other banks to avail the services. Apart from […]

Bank Mergers: 5 Indices to Identify Weak Banks – Ensuring Financial Stability and Confidence in the Banking Sector

The Prompt Corrective Action (PCA) rules state that banks will be classified on the basis of five indices. They are – Bank Capital Adequacy Ratio, Tier-1 Capital Ratio, Common Equity Tier (CET1), Actual Defaulted Loans and Corporate Governance or Good Governance. Tier-1 capital ratio is shareholders' capital, which is the sum of the bank's capital […]

Banks can merge freely by December, no loss to depositors: Bangladesh Bank

Central bank spokesperson Mazbaul Haq told a media conference on Tuesday that rules will be made on the methodology and procedure banks will have to follow for mergers, following global practices. This conference was called because various speculations had become widespread regarding the merger of weak banks and their better performing banks. Mazbaul Haq said […]