Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

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

26 states and UTs have adopted the RBI's Benchmark Issuance Strategy (BIS), making up 77% of the total planned borrowing in Q3. The BIS was introduced on a pilot basis in Q1 FY27 and requires participating states to issue securities within specified maturity buckets, instead of random tenors.

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

We haven't written up this one. Live Mint has the full story — the link below goes straight to it.

Read the original at livemint.com →

More in Finance & Markets

More from Monday 5 October →