LankaBangla Finance fined Tk 10 lakh
The central bank has fined LankaBangla Finance Tk 10 lakh on charges of providing wrong information to the regulator.
The regulator also issued a warning letter to its managing director.
“We have found wrongdoings in the activities of the company," Mahfuzur Rahman, executive director of Bangladesh Bank, said.
Rahman, also the spokesman of BB, said: “We are strictly monitoring all the activities of the non-bank financial institution.”
Mohammed Nasir Uddin Chowdhury, managing director of LankaBangla Finance, said: “The regulator imposed the fine regarding the use of credit card.”
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