A news article was published on October 23 stating that eight banks have been approved by Bangladesh Bank to conduct digital banking services. In line with the global experience, as a more advanced and simpler mode of financial transaction, digital banking is supposed to make people’s lives easier and contribute to financial inclusion. Yet, our understanding of the intricacies of this new banking system in Bangladesh remains limited.
A news article was published on October 23 stating that eight banks have been approved by Bangladesh Bank to conduct digital banking services. In line with the global experience, as a more advanced and simpler mode of financial transaction, digital banking is supposed to make people’s lives easier and contribute to financial inclusion. Yet, our understanding of the intricacies of this new banking system in Bangladesh remains limited.