Tuesday , June 24 2025

Bill proposed for “New Development Bank” avail NDB loans

The government is going to make a law to implement the agreement to establish the “New Development Bank”. For this purpose, ‘New Development Bank Bill-2023’ has been raised in the National Parliament.

Law Minister Anisul Haque presented the bill in Parliament on behalf of Finance Minister AHM Mustafa Kamal. Later, the bill was examined and sent to the Parliamentary Standing Committee on Finance Ministry with a week’s time.

WhatsApp banned on all US House of Representatives devices

The U.S. House of Representatives has banned congressional staff from using WhatsApp on government devices due to security concerns, as...
Read More
WhatsApp banned on all US House of Representatives devices

Kaspersky found “SparkKitty” Malware on Google Play, Apple App Store

Kaspersky found a new mobile malware dubbed SparkKitty in Google Play and Apple App Store apps, targeting Android and iOS....
Read More
Kaspersky found “SparkKitty” Malware on Google Play, Apple App Store

OWASP AI Testing Guide Launched to Uncover Vulns in AI Systems

OWASP has released its AI Testing Guide, a framework to help organizations find and fix vulnerabilities specific to AI systems....
Read More
OWASP AI Testing Guide Launched to Uncover Vulns in AI Systems

Axentec Launches Bangladesh’s First Locally Hosted Tier-4 Cloud Platform

In a major milestone for the country’s digital infrastructure, Axentec PLC has officially launched Axentec Cloud, Bangladesh’s first Tier-4 cloud...
Read More
Axentec Launches Bangladesh’s First Locally Hosted Tier-4 Cloud Platform

Hackers Bypass Gmail MFA With App-Specific Password Reuse

A hacking group reportedly linked to Russian government has been discovered using a new phishing method that bypasses two-factor authentication...
Read More
Hackers Bypass Gmail MFA With App-Specific Password Reuse

Russia detects first SuperCard malware attacks via NFC

Russian cybersecurity experts discovered the first local data theft attacks using a modified version of legitimate near field communication (NFC)...
Read More
Russia detects first SuperCard malware attacks via NFC

Income Property Investments exposes 170,000+ Individuals record

Cybersecurity researcher Jeremiah Fowler discovered an unsecured database with 170,360 records belonging to a real estate company. It contained personal...
Read More
Income Property Investments exposes 170,000+ Individuals record

ALERT (CVE: 2023-28771)
Zyxel Firewalls Under Attack via CVE-2023-28771 by 244 IPs

GreyNoise found attempts to exploit CVE-2023-28771, a vulnerability in Zyxel's IKE affecting UDP port 500. The attack centers around CVE-2023-28771,...
Read More
ALERT (CVE: 2023-28771)  Zyxel Firewalls Under Attack via CVE-2023-28771 by 244 IPs

CISA Flags Active Exploits in Apple iOS and TP-Link Routers

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has recently included two high-risk vulnerabilities in its Known Exploited Vulnerabilities (KEV)...
Read More
CISA Flags Active Exploits in Apple iOS and TP-Link Routers

10K Records Allegedly from Mac Cloud Provider’s Customers Leaked Online

SafetyDetectives’ Cybersecurity Team discovered a public post on a clear web forum in which a threat actor claimed to have...
Read More
10K Records Allegedly from Mac Cloud Provider’s Customers Leaked Online

According to the statement containing the purpose and reasons of the bill, the BRICS alliance consisting of Brazil, Russia, India, China and South Africa established a multinational bank called the New Development Bank (NDB) in 2014 by signing the Agreement on the New Development Bank.

Currently there are 5 founding members and a total of 8 countries including Bangladesh, United Arab Emirates and Egypt. Bangladesh became a member of NDB on 16 September 2021. According to NDB’s Articles of Agreement, the Agreement on the New Development Bank needs to be ratified.

ALSO READ:

Chrome’s New IP Protection Feature Hides Your IP Address

At the time of withdrawing the bill, Law Minister Anisul Haque said in his speech that this bank is being made from the BRICS group. This is New Development Bank and those who become members of this bank can take loans from this bank.
As soon as we do this banking act, they are already ready to give loans to us, that is Bangladesh, as per our proposal. We will become members of that agreement only after this act is passed. I can take that loan only after becoming a member. That is why it is very important to pass this law, that is why this bill has been brought.

The loan that will be given from this bank will not be given only in dollar, it is a flexible, sterling pound, Euro, dollar, ruble, yuan, this bank can give loan in any currency. That’s why I think it is becoming a very sophisticated bank.

It is a multinational bank, that’s why this law is very necessary so that we can stay with the new journey bank and get the benefits. The road to get the benefits is also clear that the proposal has already been made and they agree, the New Development Bank has agreed to lend to Bangladesh.

Check Also

NID services

OTP glitch disrupted NID services across the country

NID services in Bangladesh are temporarily suspended due to issues with delivering One-Time Passwords (OTP) …

Leave a Reply

Your email address will not be published. Required fields are marked *