CPD's caution over banking sector
The Centre for Policy Dialogue (CPD) has cautioned that banking sector malignancy will have a negative impact on the country's economy. The banking sector is filled with widespread corruption and irregularity - despite repeated warnings from the Bangladesh Bank, non-performing loans of banks have been skyrocketing; many government and private banks are crippled with capital shortfalls; and various scams have made the sector unstable.
The Bangladesh Bank, being the regulatory authority, must ensure good governance by ameliorating these issues in the banking sector.
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