The Transparency International Bangladesh (TIB) on Thursday urged the government to make the draft of the Bank Company (Amendment) Act, 2023 open for public which has been prepared in response to the long-standing demand for reforms of Bangladesh's banking sector. Despite informing the media on March 28, 2023 that the draft
Tag: Bank Company
Proposed amendments to banking act not enough for governance
The proposed Bank Company (Amendment) Act-2023 still falls short in some crucial ways necessary to establish accountability and good governance in the banking sector, according to experts. The draft of the amended act includes a 'wilful defaulter' clause, which economists welcome. Under the clause, such wilful defaulters can be subjected to