Dhaka, May 31 -- Agricultural credit recovery in Bangladesh grew by 8 per cent during the first nine months (July-March) of the current fiscal year 2024-25 (FY25), reaching Tk 27,443.31 crore, up from Tk 25,410.74 crore in the same period of FY24, according to the latest data from Bangladesh Bank.
The increase in recovery was primarily driven by Private Commercial Banks, which posted a 14.26 per cent rise, and State-Owned Specialised Banks, which recorded an 8.92 per cent growth.
In contrast, recoveries by State-Owned Commercial Banks and Foreign Commercial Banks declined by 1.72 per cent and 52.08 per cent, respectively.
In March FY25 alone, agricultural loan recovery totalled Tk 3,019.60 crore - marking a 14.10 per cent increase from t...