The Central Bank has directed to formulate and enforce rules at the version of Sustainable and Renewable Energy Development Authority (SREDA) to shop electricity in banks.
On Wednesday (August 7), the Banking Regulations and Policy Department of Bangladesh Bank has despatched a directive to the Chief Executives of all banks on this regard.
It is stated withinside the commands that your financial institution is requested to formulate its personal coverage according with the recommendations and directives organized through SREDA and make sure its right implementation. This route is given beneathneath the powers conferred through Section 45(1) of the Bank Companies Act, 1991.
Even earlier, night banking sports were stopped to lessen expenditure withinside the electricity and electricity sector. The primary financial institution has additionally banned the usage of financial institution automobiles for non-public purposes.
In any other directive, the primary financial institution stated that the measures taken to lessen the intake of fuel (petrol, diesel, fueloline etc.), oil and lubricants through 20 percentage or greater have to be continued. In this regard, exemplary steps were taken to save you misuse of allotted fuel (eg, unlawful use of workplace automobiles for non-public work, unauthorized allocation of automobiles etc.).
Besides, the Central Bank has requested to reinforce powerful measures to lessen power intake through 25 percentage or greater. According to the Financial Sector Regulatory Authority, the regions of power misuse (such as: unauthorized use of air conditioners, pointless lighting fixtures of electrical lamps, geysers, electric powered kettles, immoderate and pointless use of electrical equipment, etc.) were advised to take measures to shop power.