Default loans jumps 7.29pc in Sept qtr

The non-performing loans (NPLs) in the country’s banking sector rose by Tk 9,139 crore, 7.29 percent in three months to September 30 this year, banking sources said. The amount of NPL at the end of September 2022 stood at Tk 134,396 crore, which was Tk 125,257 at the end of

Janata Bank reels under low capital, high NPL

The state-owned Janata Bank is reeling under high non-performing loans (NPL) as well as capital and provisioning shortfall, official sources said. At the end of March 2022, the defaulted loans of Janata Bank stood at Tk 13,125 crore, which was 19.10 percent of the total outstanding loan of the bank worth