Regulatory Alerts2020-03-23
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MPD Circular No. 01: Maintenance of Cash Reserve Requirement (CRR) with Bangladesh Bank
The document refixes the Cash Reserve Requirement (CRR) for all scheduled banks in Bangladesh, including Shariah based banks, at 5.0 percent on a bi-weekly average basis. It also establishes a provision requiring a minimum CRR of 4.5 percent on a daily basis. These changes are effective from April 01, 2020.
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