Tigers win series
No-frills bank accounts get popular
Myanmar ‘committed’ to taking back Rohingyas
Politics heat up in Ctg before polls
Overcoming all obstacles and hindrances, the work of laying the Padma Bridge of the Prime Minister's dream in Spain was finally completed.
No-frills accounts are increasingly becoming popular in the country as the number of such bank accounts grew 8.48 percent to over 2.2 crore in the July-September period of the current fiscal year, beginning on June 1. The increase has been attributed to government policy to bring disadvantaged people under the traditional banking network. During the period, the cumulative deposits in different components of no-frills accounts have stood at Tk 2,180.79 crore, according to Bangladesh Bank (BB).No-frills accounts can be opened with an initial deposit of Tk 10, Tk 50 and Tk 100 by the underprivileged people, school students under 18 years and working children who are allowed to maintain the accounts with a zero balance and levies zero or nominal charges.The target groups of these accounts include Farmers, the Freedom Fighters, Disabled Persons, the Extreme Poor, the beneficiaries of the Social Safety Net (S...
15h ago