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Padma Bank in Trouble: Fails to pay back BCTF’s overdue funds

The Bangladesh Climate Trust Fund (BCTF) has warned Padma Bank of legal action over its failure to pay back the fixed deposit receipt (FDR) worth Tk 29.1 crore upon maturity. The FDR had matured on May 25, and despite sending a letter to the troubled bank on May 20 of legal action if the amount was not returned on its date of maturity, no pay order came through. "We will go
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