Every year the loss is 10 billion taka

In the absence of inadequacy in the banking sector, the loss of 10 thousand crore rupees annually This loss is equal to 1 percent of gross domestic product (GDP). This information was published in the quarterly economic research report of the private research firm Sanem (South Asian Network on Economic Modeling).

The report was formally published on Wednesday at a press conference in a capital city. It is further said that the lack of independence in the financial sector has been blamed on the lack of independence of the central bank and the lack of independence.

The report said that 50 percent of the government's deposits should be kept in the private bank and the CRR (cash reserve ratio or cash deposit rate) decreased by 1 percent to 5 percent 5 percent. The report said there could be a major crisis in the banking sector.

At the press conference, the executive director Dr. Salim Raihan said, the amount of unmanageable loan amount in the bank sector exceeds 80 thousand crore, one 'scam' in the banking sector after one, the depositors are no longer sure to keep the money in the bank. The horrific thing is that the unpaid debts will increase further in the coming days. The biggest reason for this is that there is no penalty for the poor control of the bank and those who are lenient.

He also said Bangladesh Bank lacks the independence, Bangladesh Bank has no power; There are many types of decisions being made in the present time, we are seeing, bypassing Bangladesh Bank. It has put Bangladesh Bank into a decisive role, what is its role? The responsibility of the banking sector should be to the Bangladesh Bank, but in many cases we see it is not happening.

Commenting on the policy decision, 'The wrong' and 'the color signals', the economist said that these two decisions (half of government deposits, keeping in the private banks and reducing CRR 1 percent) were not taken in the right way. Bangladesh Bank has a policy making unit, they will decide between themselves, we will decide, but we have not seen them here. Such a big decision should not be taken by the Bangladesh Bank, which is astonishing. Decisions have been taken in the face of the banks.

Dr. Selim Raihan also said that if the banks are now performing badly, they will be misused if they are given money again, there is no guarantee. On the other hand, CRR serves as depositors' safeguard, while reducing large ratios is not enough.

Saenem's research report says that this situation of banking sector has been the result of the ongoing structural problems of many days. One scam in the banking sector is often proved to be scandal. As a result, the confidence of the common people has been created. Besides, recently, some private banks have raised overdraft of ADR (Advance Deposit Ratio or Debt Deposit Rate) or Ration 90 percent due to overdrawing of loans. Private sector investment growth has slowed down due to such loans. Now concerns are a big part of the loan being wasted.