Last year, private banks regularised Tk 30,547 cro..

6 yrs

Last year, private banks regularised Tk 30,547 crore or 61 percent of the total rescheduled loans, according to BB data.

Eight state run banks rescheduled Tk 19,601 crore and foreign banks Tk 38.10 crore.

Talking to this correspondent, Salehuddin Ahmed, a former governor of the central bank, said the large volume of rescheduled loans is squeezing the banks’ capacity to give fresh loans as a major portion of the defaulted loans has not been recovered yet.

Small and medium entrepreneurs are being deprived of funds, he mentioned.

“The economy has faced sluggishness in recent times. And it will prolong if banks fail to disburse fresh loans.”

Faruq Mainuddin Ahmed, managing director of Trust Bank, said offering rescheduling facility to habitual defaulters is an injustice to good borrowers.