Higher investment in treasury bills saves the day for Rupali Bank

Despite a significant drop in interest income, Rupali Bank's profits jumped last year as higher investment in treasury bills and bonds saved the day. The lender's profits rose 44 per cent year-on-year to Tk 54.6 crore in 2019, while its net interest income plunged Tk 250 crore, or 99 per cent, to Tk 1.88 crore during the time, according to its annual report. Investment in