Dhaka, April 2 -- Bangladesh Bank plans to scrutinise large corporate loans before they are approved by commercial banks., Governor Mostaqur Rahman has said.
He shared the idea during a meeting with business editors of private television channels on Wednesday.
Briefing reporters after the meeting, central bank spokesperson Arief Hossain Khan said the proposal is still at a preliminary stage.
"Commercial banks provide large loans to corporate entities. The governor has said Bangladesh Bank is thinking of verifying such loans before approval. The process has not yet been finalised, but the initiative will begin," Arief, also BB executive director, said.
He added that no steps have yet been taken to determine the procedure or recruit ski...
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