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In January 2025, the Bangladesh Bank reported financial irregularities amounting to Tk 2,300 crore (approximately USD 210 million) in the operations of Nagad. The central bank alleged unreported transactions, regulatory non-compliance, and possible mismanagement of customer funds, raising serious concerns about transparency and oversight.
Bangladesh Electronic Fund Transfer Network (BEFTN) is a Bangladeshi electronic fund transfer network between banks within Bangladesh. [1] Its main purpose is to transfer funds between bank accounts. [2] The network can settle debit and credits. Salary, bill, dividend, interest could be paid through the system.
Bangladesh first issued revenue stamps in 1972, the year after independence, and continues to do so to this day. Previously there was no country named Bangladesh and it was part of India (till 1947) and part of Pakistan (from 1947 to 1971) and respective revenues were used.
Many Indian state governments have established a new challan system called e-challans. [14] The e-challan system of India has been in vogue for almost a decade, starting to roll out in pilot phases from 2012 onward. [15] The e-challan may be operated by PDAs, cell phones or e-Seva Kendras whose e-services include facility for payment of e ...
E-commerce in Bangladesh has grown rapidly due to increased internet penetration (over 131 million users), smartphone usage, and a rising middle class with higher disposable incomes. [14] The market, valued at USD 6.5 billion in 2022, is projected to grow at a 17% CAGR, with major players including Daraz , AjkerDeal, Chaldal , Evaly and Pickaboo.
bKash started in 2011 as a joint venture between BRAC Bank Limited, Bangladesh, and Money in Motion LLC, United States of America. In April 2013, International Finance Corporation (IFC), a member of the World Bank Group, became an equity partner, in March 2014, Bill & Melinda Gates Foundation became an investor in the company, [10] and in April 2018 Ant Financial, the operators of Alipay (an ...
Meghna Bank PLC. is a fourth-generation bank headquartered in Gulshan, Dhaka, Bangladesh. Established on May 9, 2013, [ 2 ] by entrepreneur and politician H. N. Ashequr Rahman , the bank has been in operation for a decade.