HC questions BB stance on minimum salary
The High Court yesterday questioned the Bangladesh Bank's decision on fixing Tk 28,000 as the minimum monthly salary for private banks' entry level officials.
The court issued a rule asking the authorities concerned of the BB and government to explain in a week why the BB's circular concerned should not be declared illegal.
It also asked four senior lawyers to place expert arguments as amici curiae (friends of court) on the rule on February 15.
The amici curiae are Attorney General AM Amin Uddin, Ajmalul Hossain, QC, Rokanuddin Mahmud and Prabir Neogi, Deputy Attorney General Bepul Bagmar told The Daily Star.
The HC bench of Justice Mamnoon Rahman and Justice Khandaker Diliruzzaman issued the rule following a writ petition filed by Supreme Court lawyer Md Farhad Bin Hossain challenging the BB circular.
Lawyers AM Masum and Md Saifur Rahman Rahi appeared for the writ petitioner during the virtual hearing of the petition.
Bangladesh Bank on January 20 fixed the minimum salary to encourage talented individuals to take banking as a career and play a role in the economic advancement of the nation.
The central bank said the entry level salary of assistant officer, trainee assistant officer, trainee assistant cash officer or equivalent officials would be a minimum Tk 28,000 during the probation period.
Their total monthly salary, including basic pay, will be at least Tk 39,000 after the end of the probation period, it said.
After implementing the minimum salary, banks will have to proportionately increase the salary of other officials who have been working at the same positions, said the Bangladesh Bank in the circular to banks.
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