Bangladesh Bank is finalising a landmark Tk 1,000 crore special refinancing and grant package designed to transform young individuals into successful business leaders. Under this proposed initiative, eligible young entrepreneurs will be able to secure collateral-free bank loans of up to Tk 10 lakh at concessional interest rates ranging between 4 and 6 per cent. […]

Central bank authorities in Bangladesh have issued a firm directive to all scheduled commercial banks nationwide, commanding strict adherence to statutory tax deduction rules on deposit interest and profits, alongside the prompt remittance of withheld revenue to the national treasury. The order was formally communicated on Monday, 10 August, via a circular distributed by the […]

Rapid growth in artificial intelligence capabilities is on track to nearly triple global data centre power consumption by 2030, forcing the global insurance industry to fundamentally rethink how it underwriters facilities facing grid strain, climate risks, and specialized equipment hazards. As technology firms expand hyperscale infrastructure to support intensive machine learning models, power grid availability […]

DHAKA — Jobseekers across the country are facing the final countdown as Bangladesh Bank prepares to close online applications for the position of Assistant Director (Statistics). The central bank will shut its recruitment portal on Monday, 10 August 2026, marking the end of a month-long application window for 33 coveted entry-level officer posts. The recruitment […]

GUWAHATI — Canara HSBC Life Insurance has introduced a streamlined, fast-track claims settlement procedure for policyholders impacted by the devastating monsoon floods across Assam. The initiative aims to deliver swift financial assistance to affected families by drastically cutting through administrative red tape, simplifying documentation requirements, and prioritizing the assessment and payout of all eligible claims. […]