In the name of taming inflation, central banks have set themselves on a path to cause a recession.
The high interest rate remains in the banking sector due to the default loan, says Toufic Ahmad Choudhury, former director general of Bangladesh Institute of Bank Management (BIBM).
Interest rate is a much-talked-about issue as far as savings and investment are concerned.
In the name of taming inflation, central banks have set themselves on a path to cause a recession.
The high interest rate remains in the banking sector due to the default loan, says Toufic Ahmad Choudhury, former director general of Bangladesh Institute of Bank Management (BIBM).
Interest rate is a much-talked-about issue as far as savings and investment are concerned.