Nine major banks accused of foreign-exchange rigging have agreed to pay more than $2 billion to investors in settlements, a law firm

India has brought in private sector executives to run two of its largest state-owned banks, the first such appointments in a broad

China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to

The government provided Tk 11,219 crore to four state banks over the last 12 years to meet their capital deficits but the lenders'

The Greek parliament has backed the country's new bailout deal after all-night talks, despite a rebellion by many MPs in the governing Syriza party.

Intense competition among the 87 lenders to grab clients is putting pressure on the interest rates, but demand for money is not rising,

China devalued its currency after a run of poor economic data, a move it billed as a free-market reform.

A farmer drowned in a pond after being chased by police near Hetnar Hat area under Bheduria union of Sadar upazila of the district yesterday.

A high school teacher suffered bullet wounds at his head and abdomen when a gang opened fire in Jaldhaka upazila of the district

The central bank has issued a stern warning to the four state-run commercial banks for their failure to improve their financial conditions, saying observers will be put in place if the situation does not improve.

Japan has pledged about $2 billion in soft loans to upgrade the Philippines' crumbling railway system in Tokyo's biggest ever support

Electronic transactions -- both mobile cash and online sales -- are tipped to cross the $300 billion-mark annually in the next five

European Commission head Jean-Claude Juncker believes an agreement on a third bailout for Greece is likely this month, hopefully by

Asia-focused British bank Standard Chartered slashed dividends by 50 percent on Wednesday after profits plunged in the first half of

Bangladesh Bank has taken an initiative to improve banks' financial health by increasing their capital adequacy ratio (CAR) in line with

The central bank's revised guideline on mobile financial services (MFS), now a draft, may impact business, ownership structures and competitiveness in the increasingly growing sector, a market research firm and securities analyst said.

The government's borrowing from the banking system increased five times in the first 29 days of the fiscal year from a year earlier on the back of revenue mismatch.

The central bank yesterday signalled cuts in policy rates in the coming months if inflation continues its downward trend.

Islami Bank Bangladesh has moved 16 notches up to rank 954th in 2015 among the top 1,000 banks of the world by The Banker magazine of the UK.

SM Abu Mohsin and Sohela Hossain have been elected as chairman and vice chairman of NCC Bank, the bank said in a statement yesterday.