The move came a day after media reports citing latest central bank data said the amount of default loans in the banks are at an all-time high. “The banks have been asked to cut default loan by any means within the current month,” an official said. After taking charge in January, Kamal had announced that the bank loan default figure will not increase “by a single taka”. “Managing directors of seven banks were called as default loans have increased. Some central bank departments will be on the committee,” he added.

Source: bd News24 June 11, 2019 20:26 UTC