Regulatory Alerts2024-08-11
Added · Updated
BRPD Circular Letter No. 37: Refraining from anti-disciplinary activities in the bank-company
The document instructs all scheduled banks in Bangladesh to refrain from any activities at their offices or workplaces that undermine depositor confidence, as such actions disrupt normal operations and constitute a punishable offense under Section 57(2) of the Bank Companies Act, 1991. It specifically cites recent reports of disciplinary violations and mandates awareness among all concerned parties to prevent these occurrences.
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