Nobel Laureate and founder of the Grameen Bank Prof Muhammad Yunus on Wednesday condemned the government action changing the Grameen Bank.
In a statement he called it a shame for the nation and the whole world.
Claiming the government has opened the door for its [Grameen Bank] ultimate destruction by amending the law, Yunus said, “What a shame for the nation, and the whole world.”
On Tuesday, parliament passed the much-talked-about Grameen Bank Act, 2013, one that elevated the government roles in the running of the microcredit organisation without any increment of its ownership stakes.
More to follow
Thursday, June 04, 2026
