What are the rules for review for declassification of the loan which is classified by Bangladesh Bank Inspection Team under qualitative judgement at the time of on-site inspection?

Answer:                                                

a) A bank may request the concerned Department of Banking Inspection of Bangladesh Bank to review the classification of any loan for which there is a disagreement on classification that is not resolved during the on-site inspection.

b) Bangladesh Bank will respond to the bank within 15 days of receiving such request.

c) In any case where there is a lingering disagreement between the classification determined by bank management and the classification determined by Bangladesh Bank, the judgment of Bangladesh Bank will prevail.