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The protest began in June 2024, in response to the Supreme Court of Bangladesh reinstating a 30% quota for descendants of freedom fighters, reversing the government decision made in response to the 2018 Bangladesh quota reform movement. Students began to feel like they have a limited opportunity based on merit.
Percentage of quotas in Bangladesh Civil Service jobs (2024). The quota system of Bangladesh Civil Service requires the Civil Service offer a certain number of jobs to members of certain groups, such as descendants of freedom fighters from the Bangladesh Liberation War, religious and ethnic minorities, underrepresented districts, and disabled groups.
The Institute of Bankers was registered on the 6 February 1973 as an association under the Societies Registration Act, 1660 (Act No. XXI of 1660). [2] Before that some eminent bankers and other professionals decided, in a meeting held on 26 July 1972, to establish the institute as a professional body of banks and financial institutions in Bangladesh.
Offshore Banking Operation (OBO) was first introduced by Bangladesh Bank in 1985 through a circular for allowing active foreign financing at Export Processing Zones (EPZs). Banks operated the services with Bangladesh Bank approval without any separate law for an offshore banking system until the enactment of the Offshore Banking Act, 2024.
It was established by Vanik Incorporation Limited of Sri Lanka with Bangladesh partners. [8] Sampath Bank and Chinkara Capital (Singapore) Pte Ltd were partners in the venture as well. [8] In September 2007, Bangladesh Bank warned One Bank Limited for hiring a former managing director of the bank as a consultant violating banking rules. [9]
Bangladesh Financial Intelligence Unit (BFIU), a department of Bangladesh Bank, is a member FIU of the Egmont Group of Financial Intelligence Units. Bangladesh Bank is the first central bank in the world to introduce a dedicated hotline (16236) for people to complain about any banking-related problem. [4]
Four deputy governors of Bangladesh's central bank were forced to resign on Wednesday after about 300-400 officials protested against what they said was corruption by top officials, two sources at ...
The main opposition party, the Bangladesh Nationalist Party (BNP), demanded that the government hand over power to a neutral caretaker government before the January 2024 elections. [9] This was rejected by Hasina, who vowed that "Bangladesh will never allow an unelected government again". [ 10 ]