Agricultural credit disbursement by banks surged by 15.74 percent on year-on-year basis to Rs 259.1 billion in the first 10 months (July-April) of the current fiscal year (2012-13). In absolute terms, disbursement of credit to the agriculture sector increased by over Rs 35.23 billion in July-April of FY 2013 when compared with the total disbursement of Rs 223.85 billion in the same period of the last fiscal year.