Regulatory Alerts2026-06-25
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SDAD Circular Letter No. 08: Keeping Bank Branches Operational on Saturdays During Mango Season
The document mandates that commercial banks maintain cash services and liquidity support at their branches in specific mango-producing districts, including Naogaon, Rajshahi, and Bogra, through June 31, 2026. This requirement applies to both permanent and temporary branches in areas where mangoes, litchis, and other fruits are produced. Banks are authorized to utilize funds under Section 45 of the Companies Act, 1991 to meet these operational obligations.
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