BANGLADESH BANK (NATIONALIZATION) ORDER, 1972, ARTICLE 21 (3)

Article-21(3)

Bank Rate

Bank rate being a specified and definite rate prevailing on the date of realization would be the rate of interest which the Bangladesh Bank  rediscounts the  first class bills of exchange from the commercial bank.

Md.  Asalat Zaman & Ors.  Vs. Govt. of Bangledesh. 11 BLT(AD)-215.