Bangladesh’s financial sector faces a severe crisis as non-performing loans (NPLs) soar to BDT 4.2 trillion, with the top 100 defaulters alone owing BDT 1.08 trillion—26% of total NPLs. Major conglomerates like S Alam and Beximco groups hold nearly 45% of these bad loans. Many companies are fully defaulted, with funds enough to build three Padma Bridges. Experts blame political interference and weak governance, urging stricter accountability to restore financial stability.