HC questions legality of BB circular fixing bankers’ salary
The court asked the finance ministry secretary and the Bangladesh Bank governor to respond to the rule within a week
The High Court has asked the authorities concerned to explain why the Bangladesh Bank circular that fixed the minimum salary for bankers ought not to be declared illegal.
A High Court bench of Justice Mamnoon Rahman and Justice Khandaker Diliruzzaman issued a rule in this regard on Monday, following a writ petition filed by Supreme Court lawyer Farhad Bin Hossain.
The finance ministry secretary and the Bangladesh Bank governor were made respondents to the writ.
The court asked them to respond within a week.
On 20 January, the Bangladesh Bank issued a directive for the first time to fix the minimum salary for bankers at Tk28,000.
At the same time, the central bank said no one can be fired on the pretext of not achieving the target or incompetence.
It said the directive would take effect from March this year.
Later, another circular was issued on 1 February, partially relaxing some of the conditions of the minimum wage at private banks.