Regulatory Alerts2026-07-06
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DMD Circular Letter No. 10: Regarding Profit Rate for July-December 2023 in National Savings Schemes
The Department of Monetary Management of Bangladesh Bank issued Circular Letter No. 10/2023 to notify scheduled banks of the Ministry of Finance's gazette notification regarding profit rates for National Savings Schemes. The notification mandates that the interest rates applicable for the January-June 2023 period remain unchanged and continue under the same terms for the July-December 2023 period. This directive, effective from July 1, 2023, requires banks to implement these rates for investments made during the specified timeframe.
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