Regulatory Alerts2022-12-19
Added
DOS Circular Letter No. 37: Time limit to bring down excess investment in Capital Market
The document grants scheduled banks in Bangladesh until December 31, 2023, to reduce excess investments in the capital market to the prescribed limits. This extension applies to banks identified with excess holdings as of August 31, 2022, following DOS Circular Letter No. 30 issued on August 4, 2022. The decision is made under Section 26C(1) of the Bank Companies Act, 1991, and DOS Circular Letter No. 07/2014.
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