Dhaka, March 5 -- The agricultural credit growth is on pace as the banks disbursed around 50.57 percent of the fiscal target in seven months.

According to the latest update from Bangladesh Bank, the scheduled banks have disbursed Tk19215 crore in seven months from July to January as agricultural and rural credit for the current fiscal year FY2024-25.

The central bank has set an agricultural and rural credit target of Tk 38,000 crore for banks in the FY2024-25 to boost the country's food production. In the first seven months, the banks have disbursed loans of Tk 19,215 crore, which is 50.57 percent of the target.

However, two banks have not been able to disburse any loans during this period. The loan disbursement amount of the three ban...