They also received notification that they will not need to pay any late fees, but some were confused about the interest. Krishna Kanti Dutta, an executive’ with a private firm, has credit cards of United Commercial Bank or UCB and City Bank. The interests of a month will add up to the credit and interest will be charged on the whole amount from the next month, he said. The customers said the central bank waiver will not come in handy if they need to pay in time to avoid being charged for interest. But it will be a problem if I need to pay interest.

Source: bd News24 April 13, 2020 18:00 UTC