The growth of bad loans is mainly due to the business-politics nexus, lack of corporate governance, and weak judicial system

Finance Minister AMA Muhith admits in Parliament that there are some irregularities in the banking sector and it is massive at times.

The government can recover 40 percent, or about $34 million, of the $81 million stolen by hackers from Bangladesh’s central bank and laundered through the Philippine banking system, the country’s Senate President Pro Tempore Ralph Recto says.

An executive of Janata Bank embezzled Tk 1.9 crore from interest on fixed deposits with the state-run bank in yet another incident of financial crime in the country's banking system.

Recently, in Davos at the World Economic Forum, the Governor of the Reserve Bank of India, Raghuram Rajan sent a strong message to the Indian businessmen who default thousands of crores of bank money...