BSS
  13 Dec 2023, 15:33
Update : 13 Dec 2023, 15:38

BB lifts deposit-rate cap

DHAKA, Dec 13, 2023 (BSS) - Bangladesh Bank (BB) has lifted the interest-rate
cap to unshackle bankers for collecting deposits of three months and above,
thus making the interest regime market-based.

The central bank now did it as the interest rate on lending has already been
made market-based, according to a BB circular issued on Tuesday.