BB orders Nagad, bKash to chill out their rivalry
Bangladesh Bank has instructed mobile financial services (MFS) provider Nagad and bKash to maintain the publicity policy of the information ministry and stop spreading disinformation against each other. They were warned that the BB will take action against them if they are not conducting their business under the regulatory framework of the central bank.
The instruction, came in a meeting with the two MFS providers last Wednesday, after the Bangladesh Bank noticed: certain vernacular used in an advertisement of Nagad; videos involving bKash’s chief executive officer; posters against Nagad; and Nagad’s filing of cases against 10,000 unidentified people.
“The central bank will take a step against such activities of Nagad and bKash in the light of the government’s publicity policy,” said Md. Serajul Islam, spokesperson of the BB.
