Loan defaulters can apply for rescheduling up to Sept 7

DHAKA, Loan defaulters now can apply for

rescheduling and one time exist from their classified loans up to September

7, said a Bangladesh Bank (BB) circular today.

On May 16, the central bank issued a circular allowing loan defaulter to

reschedule their bank loans by paying 2 percent down payment and securing

further loan in this way.

As per the circular, the central bank fixed the date to apply for

rescheduling and one time exit.

Source: Bangladesh Sangbad Sangstha (BSS)