Embattled Uttara Finance discloses years of losses after BB intervention
Distressed non-bank financial institution Uttara Finance and Investments Limited revised down its financial results of 2019 from a profit of Tk 1.18 billion to a loss of Tk 3.1 billion, revealing its true status on orders from the central bank. The NBFI also reconfirmed its loss of Tk 4.7 billion
