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The Appellate Division of the Supreme Court orders 93% of recruitment in government jobs to be based on merit, with the public administration ministry publishing a gazette notification in line with the Supreme Court verdict. Massacre of students and protesters; Nationwide shutdown of internet, social media [2] and curfew issued
Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 ...
On 5 June 2024, the Bangladesh High Court issued a verdict that canceled the government notification, declaring it illegal, thus restoring the quota in Bangladesh Civil Service recruitment. [10] A descendant of a freedom fighter and six others appealed the verdict in 2021 to challenge the government order canceling the quota system. [11]
The newly independent government immediately designated the Dhaka branch of the State Bank of Pakistan as the central bank and renamed it the Bangladesh Bank. [9] The bank was responsible for regulating currency, controlling credit and monetary policy, and administering exchange control and the official foreign exchange reserves. [9]
The Ministry of Local Government, Rural Development and Co-operatives (Bengali: স্থানীয় সরকার, পল্লী উন্নয়ন ও ...
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.
Bangladesh Institute of Bank Management was established in 1974 to train officials of banks and financial institutions of Bangladesh. Since then, BIBM has extended its scope to include providing Masters in Bank Management (MBM) and Evening MBM (EMBM) degrees, carrying out research in banking and finance, holding seminars and round table discussions, and aiding financial institutions in their ...
The Bangladesh Liberation War in 1971 resulted in the secession of East Pakistan as the People's Republic of Bangladesh. Pakistan (formerly West Pakistan) recognized Bangladesh in 1974. [4] Today, bilateral relations between Bangladesh and Pakistan are considered to be cordial.