Present Crisis of the Banking Industry of Bangladesh: Causes and Remedial Measures
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 4
Abstract
In recent few years the banking sector of Bangladesh is probably passing through the worst condition in its history. Some major scandals in Sonali Bank Ltd. Basic Bank Ltd., Modhumoti Bnak Ltd., Farmers Bank Ltd., and recently Janata Bank Ltd. have fallen this industry in serious trouble. The main objective of this study is to find out the major causes behind the present crisis in the banking industry of Bangladesh and also recommend some suggestions as remedial measures. The researchers have found that the political interventions in various levels, unethical practices/ corruption, unhealthy competition among prevailing banks are some of the major causes of the present prevailing crisis in this sector. Many banks are in capital shortage and have fallen in liquidity crisis. Extensive strategy formulation and proper implementation by all the stakeholder institutions have now become imperative to get rid of this crisis.
Authors and Affiliations
MD. Habibur Rahman, Shohel Rana
Keywords
Related Articles
- EP ID EP410182
- DOI 10.9790/487X-2004021321.
- Views 70
- Downloads 0
Service Quality Gaps Among The Selected Public And Private Sector Banks In Visakhapatnam City
Indian Financial System Is Undergoing Speedy Expansion And Quantitative Progression Of Existing Financial Service Institutions As Well As New Financial Systems. The Sector Comprises Commercial Banks, Insurance Companies,...
Employment and Income Generation in Brick Industries: A Study in Rangia and Hajo Block of Kamrup(R) District of Assam
Brick making industry is one of the important industries in the unorganised sector mainly confined to rural and semi urban areas. The brick kiln sector is next to the agricultural sector in terms of employment to rural a...
Effect of Awareness Seminar of Modern Banking Practices on the Undergraduate Students: An Empirical Study
With the advent of technology, it has not only changed the way we live but also changed the way we do our banking practices. The purpose of this research paper is to study the effect of awareness seminar on modern bankin...
Impact of Service Delivery on Customer Satisfaction of New Electricity Construction Projects with Special Reference To Ceylon Electricity Board
This research study was designed to explore the impact of service quality dimension towards customer satisfaction and special reference was made to the service offered by Ceylon Electricity Board. Research was formulated...
The Relationship of Attitude, Subjective Norm, Perceived Behavioral Control on Halal Food Purchasing Behavior in Jakarta Widarto Rachbini1
Indonesia is most populous Muslim-majority country and its the world's 14th-largest country in terms of land area and world's 7th-largest country in terms of combined sea and land area. Nevertheless, based on Thomson Reu...