Only three banks and two Non-banking financial institutions (NBFIs) reached the loan disbursement target of the second phase incentive package in cottage, micro, small and medium enterprises (CMSME) sector in July-September. On the other hand, 54 banks & 3 non-bank financial institutions (NBFIs) have failed to reach their targets. They failed
Tag: stimulus package
PM offers Tk 3,200cr packages for low-income groups
Prime Minister Sheikh Hasina Tuesday announced five new packages, involving Tk 3200 crore, to assist people with little income or no income. These packages will be used to assist the low-income group of people who have been hit hard by the restrictions imposed due to the ongoing lockdown amid the alarming
Tk 10,000cr fund for minnows to fight back pandemic
The government has planned to create a Tk 10,000 crore fund for micro, small, and cottage industries and microfinance institutions to power them to fight back the Covid-19 pandemic. The government has taken an initiative earlier this year to provide low-interest loans to small traders affected by the pandemic. It is likely