Banglanews24: The government fixed interest rates maximum 9 percent for lending, and 6 percent for deposit from August 9 in all schedule banks.
Finance Minister Abul Maal Abdul Muhith made the disclosure after a meeting with the bank owners and managing directors (MDs) yesterday. Bangladesh Bank (BB) Governor Fazle Kabir, Financial Institutions Division Senior Secretary Yunusur Rahman were present at the meeting in Sher-e-Bangla Nagar of Dhaka.“We have made it (the decision) following instruction from the prime minister. It will come into effect from August 9,” said the minister.