Regulatory Alerts2021-04-22
Added
BRPD Circular No. 08: Re-fixation of Rate of Interest on Agricultural and Rural Credit
The Bangladesh Bank reduces the maximum interest rate on priority sector agricultural and rural loans/investments from 9% to 8%, effective April 1, 2021. This directive applies to all scheduled banks operating in Bangladesh and is issued under Section 45 of the Bank Company Act, 1991 to support agricultural production and farmer recovery following economic disruptions.
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