Loan defaulters can apply for rescheduling up to Sept 7

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DHAKA, August 08, 2019 (BSS) – Loan defaulters now can apply for
rescheduling and one time exist from their classified loans up to September
7, said a Bangladesh Bank (BB) circular today.

On May 16, the central bank issued a circular allowing loan defaulter to
reschedule their bank loans by paying 2 percent down payment and securing
further loan in this way.

As per the circular, the central bank fixed the date to apply for
rescheduling and one time exit.