Document Text Contents
Page 26
--Savings Deposit
--Current Deposit
--Short Notice Deposit
--Time Deposit
--DPS
--Rupali Deposit Pension Scheme
--Festival Deposit
--Call Deposit
Interest Rates
SL No. Types of Deposit Interest Rate per annum
1. Savings Deposit 4.50%
2. Short Notice Deposit 3.50%
3. Time Deposits
a) 3 months & above but less than 6
months
b) 6 months & above but less than 1 year
c) 1 year & above but less than 2 years
d) 2 years & above but less than 3 years
7.50%
7.75%
8.00%
8.50%
4. Deposit From foreign Remitance 6.00%
5. Rupali Bank Deposit Pension-Scheme 2 6.50%
* The rates of interest are changeable from time to time depending upon market competition.
4.10.2 Loans & advances:
General Products
Cash credit(Hypothetical)
Cash credit(Pledge)
Overdraft (OD)
Loan against FDR
Loan against Deposit Schemes
Industrial Project Loan (Long & Multi Term)
Short Term Loan
Syndicate Loan
26
Page 51
• As with all other channels of advertising infrastructure, CSR should get
comparable preference while assigning RBL’ communications budget. In fact,
partiality to CSR expenses should be greater because it has the ability to raise
the public consciousness with a fraction of publicity.
• RBL can afford to employ CSR employees, who should rely on them to put
together well written, influential and perform and plan CSR programmes and
press releases that are competent enough to catch public attention. This will also
work to minimize the information gap and ensure actual CSR expenditure
reporting.
• RBL Should issue separate report of its CSR programs and activities including
quantitative disclosure of CSR expenditure in accordance with the Bangladesh
Bank Guidelines.
7.3 Conclusion:
In recent times, corporate social responsibility has emerged as an important concept in
discourses on development. By incorporating CSR as a strategic investment into their
fundamental business strategy, management instruments and operation, companies will
be able to contribute to social and environmental issues affecting the development of
mankind. CSR is not a cost, it is an investment. Therefore, by incorporating CSR,
businesses will be able to contribute to the society and at the same time minimize risk
due to uncertainty. In the context of Bangladesh, CSR can contribute immensely for the
development of the community. Though Rupali Bank Limited has taken initiatives to
perform CSR activities in accordance with Bangladesh Bank Guidelines in most of the
cases, but the bank should properly follow the Bangladesh Bank Guidelines.. As there
are challenges to implement CSR properly in our country because of limited resources,
RBL should prioritize those CSRs which will contribute to poverty reduction and will
supplement government’s effort towards achieving the millennium development goals.
By exhibiting suitable CSR programs, adopting proper green baking policy, employing
CSR employees, RBL can be able to achieve a long term goal of sustainable
development.
51
Page 52
Bibliography:
Cheney, C (2010). Financial Executives and CSR. Financial Executive. 26 (4), 26.
Köhler and Maclean. (2009). Talisman? A responsible corporation?. Corporate Social
Resposibility. 122 (23), 36.
Iiasa, (2010). Strategic Decision Making. Available:
www.iiasa.org.za/Technical/CSR.pdf .
Maccarrone, S (2009). Factors influencing the attitude towards corporate social
responsibility: some empirical evidence from Italy. Corporate Governance. 9 (2), 97.
Worldbank (2010), Corporate Social Responsibility Diamond – Main Elements of
CSR. Available: info.worldbank.org/etools/docs/library/57524/csr_diamond.pdf.
Sutantoputra, A W (2009). “Social disclosure rating system for assessing firms' CSR
reports. Corporate Communications”. 14 (1), 34.
Belal,A.R. (2009). “Corporate Social Reporting (CSR) in Emerging Economies: A
Review and Future Direction”.
Rupali Bank Limited , Annual Report 2010.
Rupali Bank Limited ,Annual Report 2009.
Rupali Bank Limited, Annual Report 2008.
Bangladesh Bank, Annual Report 2010-2011.
Bangladesh Bank, (July, 2011), “Review of CSR initiatives in Banks (2010)”
Bangladesh Bank, (April, 2010), “Review of CSR initiatives in Banks (2008 & 2009)”
DOS Circular No. 01(1 June, 2008)
http://www.bangladesh-bank.org/
http://www.nbr-bd.org
http://www.rupalibank.org/
52
http://www.rupalibank.org/
http://www.nbr-bd.org/
http://www.bangladesh-bank.org/
--Savings Deposit
--Current Deposit
--Short Notice Deposit
--Time Deposit
--DPS
--Rupali Deposit Pension Scheme
--Festival Deposit
--Call Deposit
Interest Rates
SL No. Types of Deposit Interest Rate per annum
1. Savings Deposit 4.50%
2. Short Notice Deposit 3.50%
3. Time Deposits
a) 3 months & above but less than 6
months
b) 6 months & above but less than 1 year
c) 1 year & above but less than 2 years
d) 2 years & above but less than 3 years
7.50%
7.75%
8.00%
8.50%
4. Deposit From foreign Remitance 6.00%
5. Rupali Bank Deposit Pension-Scheme 2 6.50%
* The rates of interest are changeable from time to time depending upon market competition.
4.10.2 Loans & advances:
General Products
Cash credit(Hypothetical)
Cash credit(Pledge)
Overdraft (OD)
Loan against FDR
Loan against Deposit Schemes
Industrial Project Loan (Long & Multi Term)
Short Term Loan
Syndicate Loan
26
Page 51
• As with all other channels of advertising infrastructure, CSR should get
comparable preference while assigning RBL’ communications budget. In fact,
partiality to CSR expenses should be greater because it has the ability to raise
the public consciousness with a fraction of publicity.
• RBL can afford to employ CSR employees, who should rely on them to put
together well written, influential and perform and plan CSR programmes and
press releases that are competent enough to catch public attention. This will also
work to minimize the information gap and ensure actual CSR expenditure
reporting.
• RBL Should issue separate report of its CSR programs and activities including
quantitative disclosure of CSR expenditure in accordance with the Bangladesh
Bank Guidelines.
7.3 Conclusion:
In recent times, corporate social responsibility has emerged as an important concept in
discourses on development. By incorporating CSR as a strategic investment into their
fundamental business strategy, management instruments and operation, companies will
be able to contribute to social and environmental issues affecting the development of
mankind. CSR is not a cost, it is an investment. Therefore, by incorporating CSR,
businesses will be able to contribute to the society and at the same time minimize risk
due to uncertainty. In the context of Bangladesh, CSR can contribute immensely for the
development of the community. Though Rupali Bank Limited has taken initiatives to
perform CSR activities in accordance with Bangladesh Bank Guidelines in most of the
cases, but the bank should properly follow the Bangladesh Bank Guidelines.. As there
are challenges to implement CSR properly in our country because of limited resources,
RBL should prioritize those CSRs which will contribute to poverty reduction and will
supplement government’s effort towards achieving the millennium development goals.
By exhibiting suitable CSR programs, adopting proper green baking policy, employing
CSR employees, RBL can be able to achieve a long term goal of sustainable
development.
51
Page 52
Bibliography:
Cheney, C (2010). Financial Executives and CSR. Financial Executive. 26 (4), 26.
Köhler and Maclean. (2009). Talisman? A responsible corporation?. Corporate Social
Resposibility. 122 (23), 36.
Iiasa, (2010). Strategic Decision Making. Available:
www.iiasa.org.za/Technical/CSR.pdf .
Maccarrone, S (2009). Factors influencing the attitude towards corporate social
responsibility: some empirical evidence from Italy. Corporate Governance. 9 (2), 97.
Worldbank (2010), Corporate Social Responsibility Diamond – Main Elements of
CSR. Available: info.worldbank.org/etools/docs/library/57524/csr_diamond.pdf.
Sutantoputra, A W (2009). “Social disclosure rating system for assessing firms' CSR
reports. Corporate Communications”. 14 (1), 34.
Belal,A.R. (2009). “Corporate Social Reporting (CSR) in Emerging Economies: A
Review and Future Direction”.
Rupali Bank Limited , Annual Report 2010.
Rupali Bank Limited ,Annual Report 2009.
Rupali Bank Limited, Annual Report 2008.
Bangladesh Bank, Annual Report 2010-2011.
Bangladesh Bank, (July, 2011), “Review of CSR initiatives in Banks (2010)”
Bangladesh Bank, (April, 2010), “Review of CSR initiatives in Banks (2008 & 2009)”
DOS Circular No. 01(1 June, 2008)
http://www.bangladesh-bank.org/
http://www.nbr-bd.org
http://www.rupalibank.org/
52
http://www.rupalibank.org/
http://www.nbr-bd.org/
http://www.bangladesh-bank.org/
