Regulatory Alerts2023-11-15
Added
BRPD Circular Letter No. 58: Taking measures for timely disposal of the pending cases in the Artha Rin Adalat
The document advises the Managing Directors or Chief Executive Officers of all scheduled banks operating in Bangladesh to ensure the timely and efficient disposal of pending cases in the Artha Rin Adalat. It highlights that excessive delays in case resolution, often caused by the negligence of plaintiff banks, harm the interests of both depositors and banks. Banks are instructed to prepare thoroughly for hearing dates by coordinating with their respective legal counsel.
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