Foreign Minister Dipu Moni yesterday said her government was determined to have Grameen Bank "cleansed".
She said the bank was a statutory body and it is to be regulated by the central bank and the government.
"Our democratically elected government was asked questions by the media and the international community on certain reports," Dipu Moni said in response to a question after delivering a speech in New Delhi.
"We had to take some action," she said.
"There was much undue criticism of us but we go by the law. We are determined to have it [Grameen Bank] probed and cleaned," she said.
The government was taking numerous steps for poverty alleviation, the minister said. "We will go on with our initiatives."