Monday, 5 October 2026Updated 1m ago
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Data▼ Bearish for Indian equities

State borrowing to rise 26% to ₹3.6 tn in Q3 under new issuance strategy: ICRA

1 source · first seen 17:40 5 Oct · updated 17:40 5 Oct

The brief

Written from 1 report · check the source before you trade
  • State borrowing is set to rise 26% to ₹3.6 tn in Q3
  • 26 states and UTs adopted the RBI’s Benchmark Issuance Strategy, covering 77% of planned Q3 borrowing
  • Higher state borrowing may pressure bond yields, affecting Indian banks and rate-sensitive equities

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Government borrowing6 todayBond auctions3 todayRBI51 todayUnion Budget and fiscal11 today

Linked by the tag Bond auctions

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Part of a developing story3 updates over 7 days

RBI panel proposes 11.2% higher WMA limit for states, urges staggered borrowing

Monday, 5 October

  1. ICRA sees state borrowing at ₹4.8-5.4 trillion in fourth quarter of FY27
  2. You are here
    State borrowing to rise 26% to ₹3.6 tn in Q3 under new issuance strategy: ICRA

Tuesday, 29 September

  1. 5 sources
    RBI panel proposes 11.2% higher WMA limit for states, urges staggered borrowing

Follow the full storyline →

Read the reports

1 report · earliest 17:40
MintState borrowing to rise 26% to ₹3.6 tn in Q3 under new issuance strategy: ICRA17:40