Bad loans rise as payment holiday ends partially

As feared, default loans went up substantially in the first quarter of 2021 after the government partially withdrew the loan moratorium facility, which had prevented downgrading borrowers even if they failed to pay instalments regularly.  Non-performing loans (NPLs) stood at Tk 95,085 crore in March, up 7.1 per cent from three months earlier and 2.8 per cent year-on-year, data