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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.
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] In April 2008, One Bank Limited decided to increase its authorised capital to five billion BDT following instructions from Bangladesh Bank to all banks to increase their authorised capital. [10]
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.
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 ...
On 5 August 2024, Bangladesh's longtime Prime Minister Sheikh Hasina resigned and fled to India following the non-cooperation movement.It was a pro-democratic disinvestment movement and mass uprising, of which the sole demand was the resignation of Sheikh Hasina and her cabinet, initiated within the framework of the month-long quota reform movement resulting in mass killings.
Non-bank financial institutions (NBFIs), known as financial institutions (FIs), are those types of financial institutions that are regulated under the Financial Institution Act, of 1993 and controlled by Bangladesh Bank. Now, 34 FIs operate in Bangladesh while the maiden one was established in 1981.
The non-cooperation movement, [a] also known as the one-point movement, [b] was a pro-democratic disinvestment movement and a mass uprising against the Awami League-led government of Bangladesh, initiated within the framework of 2024 Bangladesh quota reform movement.
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.