Defaulted loans still going up

Defaulted loans crept up last year despite a record amount of loan rescheduling by banks. Non-performing loans (NPLS) stood at Tk 94,313 crore as of December last year, up 0.42 percent year-on-year. The central bank's inefficiency to tackle habitual defaulters is a great reason behind the rising trend of classified loans, experts said. Although the increased amount of NPLs is