Govt renames Bank and Financial Institutions DivisionThe government renamed the Bank and Financial Institutions Division as ‘Financial Institutions Division’ aiming to ensure equal representation of all entities under the division.Prime Minister Sheikh Hasina approved the proposal for the new name of the division exercising her power according to the rules of business, the Cabinet Division said on Sunday, reports bdnews24.com.According to several media reports, in December 2009, the government formed Bank and Financial Institutions Division under the Ministry of Finance.The cabinet division also mapped out the plan for the banking division and specified its role.

Source: bd News24 April 30, 2017 10:52 UTC