Deposit Insurance Cap Doubled: Bangladesh Bank Proposes Two Lakh Taka Refund in New Ordinance Dhaka, March 23, 2025 – In a significant move aimed at bolstering depositor confidence, Bangladesh Bank has unveiled the draft of the ‘Deposit Protection Ordinance, 2025’, proposing to double the maximum refund amount to two lakh taka in the event of a bank or financial institution closure. The draft ordinance, now published on the website of the Financial Institutions Division of the Ministry of Finance, marks a substantial increase from the current limit of one lakh…
Read MoreIf the bank closes depositors will get a maximum 2 lakh taka
