Dhaka, July 21 -- Affected depositors of the five merged banks under the Sammilito Islami Bank staged demonstrations in the capital on Tuesday, demanding the immediate issuance of an official gazette notification cancelling the "haircut" mechanism on their deposits and a clear roadmap to return full funds, including accrued profits.

The depositors gathered in front of the Bangladesh Bank headquarters and then marched towards the Jatiya Press Club. From there, a five-member delegation went to the Secretariat and submitted a memorandum to Finance and Planning Minister Amir Khosru Mahmud Chowdhury.

BB indecisive over withdrawing 'haircut' on Sammilito Islami Bank profits, depositors in limbo

According to the depositors, though the cancell...