In a bid to sustain business momentum, Bangladesh Bank has relaxed its lending guidelines, allowing banks to distribute loans without implementing the Internal Credit Risk Rating Systems (ICRRS). Banks can now disburse loans based on their own risk assessments to safeguard institutional interests. The central bank explained that the earlier mandatory ICRRS-based lending policy was causing delays due to lengthy audits and financial scrutiny of entrepreneurs. To cut through such complications, a new circular has been issued.