Regulatory Alerts2024-10-22
Added
MPD Circular No. 05: Re-fixation of Interest Rate Corridor (IRC)
The Monetary Policy Department of Bangladesh Bank revises the Interest Rate Corridor effective October 27, 2024. The deposit rate for Savings Deposit Accounts is increased by 50 basis points to 10.00%. The upper limit for the Standing Deposit Facility (SDF) is raised by 50 basis points to 11.50%, and the lower limit for the Standing Lending Facility (SLF) is increased by 50 basis points to 8.50%.
Topics
monetary
Share