Dhaka, May 8 -- The volume of loans disbursed by the country's Microfinance Institutions (MFIs) increased by more than 9.0 per cent to reach Tk 1.32 trillion during the first half of the current fiscal year (FY) over the corresponding period of last fiscal.

During the July-December period of the FY 2023-24, the total lending by the MFIs was Tk 1.21 trillion, available official data revealed.

In the entire FY 2023-24, the aggregate amount of loans disbursed by the country's MFIs saw a 5.6 per cent growth over the previous fiscal.

MFIs disbursed loans to the tune of Tk 2.63 trillion in the last fiscal compared to that of Tk 2.49 trillion in FY 2022-'23, according to the official figures.

The total lending by MFIs was Tk 1.50 trillion in...