Bangladesh Bank formed a five-member committee in January to restructure defaulted loans of 500 million taka or more. Despite receiving 1,253 applications, none have been finalized yet due to complex verification, multiple stakeholders, and regulatory hurdles. The delay has caused an increase in non-performing loans, worsening entrepreneurs’ conditions. Committee members emphasize their commitment but highlight challenges in identifying genuine defaulters and coordinating among numerous banks. The central bank plans to expand the committee to speed up resolutions and support the economy.