Depositors seek official gazette on finance minister's no-haircut assurance

Depositors are calling for a formal gazette notification regarding the finance minister's pledge that funds in troubled banks will be returned without any haircut.

Depositors seek official gazette on finance minister's no-haircut assurance

Depositors have demanded that the government issue a formal gazette notification to solidify the finance minister's recent assurance. On 8 July, Finance Minister Amir Khosru Mahmud Chowdhury informed parliament that depositors of troubled banks would be reimbursed in full, including interest, without facing any 'haircut' on their principal amounts.

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