Tonmoy Modak

Tonmoy Modak is a Staff Correspondent at The Business Standard who covers the banking and financial sector. He can be reached at tonmoy.modak403@gmail.com
 

Taka appreciated officially, market reacts quite opposite
Economy

Taka appreciated officially, market reacts quite opposite

US dollar banknotes are seen in this illustration taken on 10 March 2023. Photo: Reuters
Banking

Banks still buying remittance dollars at much higher rate

23 banks under cenbank's radar for non-encashment of ERQ dollars
Economy

23 banks under cenbank's radar for non-encashment of ERQ dollars

Excess liquidity in banks drops Tk10,000cr
Banking

Excess liquidity in banks drops Tk10,000cr

Cenbank policymaker asks banks to stop buying remittance dollars at inflated rate
Banking

Cenbank policymaker asks banks to stop buying remittance dollars at inflated rate

US dollar banknotes are seen in this illustration taken on 10 March 2023. Photo: Reuters
Banking

Money changers must exchange dollars at fixed rates: Cenbank

Representational image of Non-Bank Financial Institution.
Banking

73% NBFI deposits exceed Tk50 lakh ceiling. What happens once new law takes effect?

Bank deposit growth rises YoY in September
Banking

Bank deposit growth rises YoY in September

US dollar banknotes are seen in this illustration taken on 10 March 2023. Photo: Reuters
Banking

BB warns bankers against soaring remittance rate as dollar hits Tk128 at kerb market

Import LCs opening, settlement rise in October due to fertiliser imports
Economy

Import LCs opening, settlement rise in October due to fertiliser imports

Freelancers can now bring dollar earning in 5 minutes with Priyo Pay
Economy

Freelancers can now bring dollar earning in 5 minutes with Priyo Pay

Financial account deficit widens further in September
Economy

Financial account deficit widens further in September

Cenbank returns licences of 6 money changers
Banking

Cenbank returns licences of 6 money changers