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Dr. Salehuddin Ahmed, Economic Adviser to the interim government, cautioned that increasing interest rates on savings certificates could lead to a liquidity crisis in the banking sector. “Higher returns will drive people away from banks and toward savings instruments,” he warned during a meeting with government officials in Nabinagar. He emphasized the need for balanced policymaking and noted that steps are being taken to rehabilitate struggling banks. He also confirmed the formulation of a “Bank Resolution Act” to protect customer deposits and address instability within the National Board of Revenue (NBR).

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