Bank deposit growth dips to 7.89pc in February amid inflation - News Summed Up

Bank deposit growth dips to 7.89pc in February amid inflation


"Deposits are usually made with surplus funds at the end of the month. In January, it was 9.94 percent.A senior official of Bangladesh Bank also cited declining public confidence in banks as a major reason for the drop in deposits. "To cope, those banks initially borrowed from other banks. When the situation worsened, they turned to the central bank for support," he said. �"bdnews24.com


Source: bd News24 April 17, 2025 16:24 UTC



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