They admitted of liquidity crisis at a meeting with the board of directors of the Dhaka Stock Exchange.
'We wanted to know the condition of the liquidity of the banks and whether they have any plan to increase their participation in the stock market,' said a director of the bourse present in the meeting.
He said the bankers informed the bourse that the price hike of food items and raw materials in the international market put the banks in a liquidity shortage.
'For an instance, as the price of cotton has increased in the international market, banks have to provide their clients with more funds for buying cotton,' he said.
'The bankers said they would go with a wait-and-see policy about the capital market because of the shortage of liquidity and uncertainty about the future course of the capital market,' the director added.
Source: New Age
