Monday, 5 October 2026Updated 18m ago
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ICRA sees state borrowing at ₹4.8-5.4 trillion in fourth quarter of FY27

1 source · first seen 19:14 5 Oct · updated 19:14 5 Oct

The brief

Written from 1 report · check the source before you trade
  • ICRA expects state borrowing of ₹4.8-5.4 trillion in Q4 FY27
  • It retains its FY27 gross state borrowing estimate at ₹13.4-14 trillion
  • Higher state borrowing could pressure bond yields, affecting banks and rate-sensitive Indian stocks

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Government borrowing6 todayICRA₹4,297.50 · 1 todayRBI50 todayUnion Budget and fiscal11 today

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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. You are here
    ICRA sees state borrowing at ₹4.8-5.4 trillion in fourth quarter of FY27
  2. 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

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Read the reports

1 report · earliest 19:14
Business StandardICRA sees state borrowing at ₹4.8-5.4 trillion in fourth quarter of FY2719:14