Regulatory Alerts2010-12-01
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MPD Circular No. 04 Cash Reserve Requirement (CRR)
Effective December 15, 2010, all scheduled banks operating in Bangladesh must maintain a Cash Reserve Requirement (CRR) of 6.00 percent on a bi-weekly average basis, with a minimum daily provision of 5.50 percent. This requirement applies to their average total demand and time liabilities and supersedes the previous rate of 5.50 percent established by MPD Circular No-01 dated May 04, 2010.
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