Bangladesh Bank loan reschedule circular

Default loan rescheduling policy tightened

The Bangladesh Bank today slightly tightened its loan rescheduling policy of defaulted loans after facing criticism from different corners.

Massive rule relaxation for loan defaulters

The Bangladesh Bank today relaxed the policy for loan rescheduling of defaulted loans grossly, as the defaulters will now get a maximum of eight years to repay term loans instead of the previous two years.