Dhaka, June 10 -- Comprehensive reform of Bangladesh's financial sector, particularly the banking industry, is essential to stabilise the economy and support its gradual recovery, Prof Mustafizur Rahman, distinguished fellow at the Centre for Policy Dialogue (CPD), said on Tuesday.

He warned that the ongoing challenges in the banking sector could not be resolved through banking interventions alone, stressing that broader economic and political stability is necessary for sustainable growth.

"Crises arising in the banking sector cannot be resolved through banking interventions alone," said Prof Rahman.

He made the remarks while addressing a seminar titled "Budget 2026-27 and the Banking Sector: Expectations from the New Government", orga...