Bangladesh, Feb. 19 -- Finance Minister A H M Mustafa Kamal said on Monday that he was not worried about the number of banks provided they follow rules and regulations.

"The number of banks is not a big matter -- what matters is whether they run following rules and regulations and can provide proper services to customers," the minister said.

His comments came a day after the central bank approved three more new private banks.

The minister was talking with reporters before meetings of the cabinet committee on public procurement and economic affairs at the Bangladesh secretariat.

With the approval of new banks and after completion of their licencing process, the number of banks in the country will reach 62.

Mr Kamal defended the Banglade...