• Sunday, Nov 28, 2021
  • Last Update : 02:05 pm

No response to loan rescheduling call

  • Published at 12:44 am November 20th, 2016
No response to loan rescheduling call
In January 2015, a number of 15 big groups who have more than Tk500 crore loans in default enjoyed the facility getting their loans rescheduled. A total amount of Tk16,410 crore loans were rescheduled at that time. Officials said the central bank has decided not reschedule loans below Tk500 crore though the defaulters filed a writ with the High Court in favour of their demand. Earlier in January, the court dismissed another petition regarding the matter. Later, the borrowers submitted an application to Bangladesh Bank not to disclose the list of loan defaulters.
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