Bangladesh Bank today said that borrowers will not be considered defaulters if they pay their instalments by December 31 this year.
The central bank issued a circular in this regard considering the evolving situation due to the coronavirus pandemic.
Earlier, the extension was given until September.
According to the central bank circular, even if a borrower does not repay the loan, no change can be made in the classification of the loan. The loan classification scheduled for January 1 this year cannot be changed till December 31.
