{
  "id": 12148495,
  "title": "State borrowing to rise 26% to ₹3.6 tn in Q3 under new issuance strategy: ICRA",
  "url": "https://urgent.news/2026/10/05/state-borrowing-to-rise-26-to-3-6-tn-in-q3-under-new-issuance",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T12:10:46.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/india/state-borrowing-set-to-rise-26-in-q3-as-26-states-adopt-new-issuance-strategy-icra-11791195674179.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}