Economist Wahiduddin Mahmud noted that while private banks were once elevated to international standards, the sector has since been undermined by the prevalence of non-performing loans. He further questioned the adequacy of current safeguards designed to prevent the misappropriation of bank funds.
Economy
Economist Wahiduddin questions safeguards against bank loan misuse
Economist Wahiduddin Mahmud has raised concerns regarding the effectiveness of safeguards against the misuse of bank loans.
Source: The Business Standard