Financial sector of a country plays crucial role in the process of economic development by efficiently mobilizing financial resources among the most productive uses.Realizing this importance of financial sector, almost all developing countries in the world started reforming their financial sector since 1990 to make it more competitive and efficient. Like other developing countries Bangladesh also started reforming its financial sector since early 1980s by privatizing two nationalized commercial banks. Formal Financial Sector Reform (FSR) was started by launching the Financial Sector Reform...