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Finance & Markets

Report: Circulated money slowly returning to banks

A reverse trend has emerged in the flow of cash held at home. Within a one-month span in June, cash held by the public decreased by nearly Tk13,000 crore. During the same period, bank deposits grew by over Tk38,000 crore. These two statistics from Bangladesh Bank point toward a shift in the movement of money—a portion of the funds previously held outside the banking system is returning... Details

Report: Circulated money slowly returning to banks

We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.

Read the original at dhakatribune.com →

More in Finance & Markets

India Eyes Two New Sites to Expand Strategic Oil Reserves

State-controlled Indian Strategic Petroleum Reserves Ltd (ISPRL) is finalizing feasibility studies for two new strategic petroleum reserves facilities as the world’s third-largest crude oil importer…

  • India plans to build two new strategic petroleum reserve sites.
  • One facility to be constructed in Bikaner, Rajasthan.
  • Second site under assessment at Bina, Madhya Pradesh.

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