Dhaka, Feb. 19 -- Analysts voiced opposition on Monday to the central bank's nod to three new banks bowing down to pressure from the government high-ups.
They said that the current crisis in the banking sector might become acute because of giving new banking licences under political consideration.
The new banks--Bengal Bank, People's Bank and Citizen Bank-- have got approval at the meeting of Board of Directors of Bangladesh Bank (BB) totalling the number of banks to 62 in the country.
AL lawmaker Morshed Alam initiated the Bengal Bank, MA Kashem, an AL leader in the US, is the chairman of the People's Bank, while Jahanara Huq, mother of Law Minister Anisul Huq, is the chairman of Citizen Bank.
"Giving licences to new banks is unreasona...