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42-banks-affected

42 banks struggle with directors' Tk 2 Lakh crore loans
42 banks struggle with directors' Tk 2 Lakh crore loans
They are all directors of private banks. Quite influential. Numbering around 500. They do not care about rules and regulations. Using their influence, they have taken loans amounting to Tk 2 lakh 8 thousand crore. Some pay installments occasionally, while many do not pay at all. Using various legal loopholes, they deposit a small amount to keep themselves from being classified as defaulters, then take out new loans again. The amount keeps growing. Their dominance persists under all governments....
Money•24 August 2026