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Document - 51. Market Borrowings of State Governments () or PDF - 51. Market Borrowings of State Governments ()
51. Market Borrowings of State Governments
Date : Jan 21, 2026
(₹ Crore)
Sr. No. State 2023-24 2024-25 2025-26 Total amount raised, so far in 2025-26
September October November
Gross Amount Raised Net Amount Raised Gross Amount Raised Net Amount Raised Gross Amount Raised Net Amount Raised Gross Amount Raised Net Amount Raised Gross Amount Raised Net Amount Raised Gross Net
  1 2 3 4 5 6 7 8 9 10 11 12 13
1 Andhra Pradesh 68400 55330 78205 57123 5000 4000 3900 2400 3000 2450 49072 38022
2 Arunachal Pradesh 902 672 1010 704 - - - - 200 200 200 70
3 Assam 18500 16000 19000 13850 2300 1800 - -500 - -500 8304 5854
4 Bihar 47612 29910 47546 30890 14000 11922 5500 4000 3000 1000 34500 28922
5 Chhattisgarh 32000 26213 24500 16913 500 500 2000 - 3000 200 9470 3970
6 Goa 2550 1560 1050 250 200 - 200 200 100 -50 1100 250
7 Gujarat 30500 11947 38200 16280 3000 700 3000 700 4000 1700 26500 10840
8 Haryana 47500 28364 49500 31710 3500 1500 6000 6000 1000 200 26500 16170
9 Himachal Pradesh 8072 5856 7359 4725 - -200 200 -300 300 - 6919 4769
10 Jammu & Kashmir UT 16337 13904 13170 11416 700 700 1000 860 1150 850 7555 5665
11 Jharkhand 1000 -2505 3500 -2005 2000 2000 - -500 - -1000 2000 -500
12 Karnataka 81000 63003 92025 71525 - - - -3000 - -6000 - -10000
13 Kerala 42438 26638 53666 37966 5000 5000 2000 500 3500 2250 32488 19738
14 Madhya Pradesh 38500 26264 63400 47206 7000 5000 8200 8200 4000 500 43077 33577
15 Maharashtra 110000 79738 123000 90917 8500 5500 19000 16000 4000 - 89000 68000
16 Manipur 1426 1076 1500 1037 350 350 - - 150 75 1500 1075
17 Meghalaya 1364 912 1882 997 500 500 - -360 - -100 1650 670
18 Mizoram 901 641 1169 939 150 90 110 110 110 110 695 560
19 Nagaland 2551 2016 1550 950 400 250 - - - -100 400 -50
20 Odisha 0 -4658 20780 17780 1000 1000 1000 1000 - - 7000 7000
21 Puducherry 1100 475 1600 880 350 350 - -125 - -125 550 100
22 Punjab 42386 29517 40828 32466 2933 1521 4000 2500 517 17 29750 20096
23 Rajasthan 73624 49718 75185 49479 3000 500 10000 7980 6200 3450 54300 35968
24 Sikkim 1916 1701 1951 1621 500 500 500 500 500 275 1500 1275
25 Tamil Nadu 113001 75970 123625 89894 9000 7500 11000 6525 13000 8125 72300 45300
26 Telangana 49618 39385 56209 42199 12000 10800 5000 3798 9100 8100 60000 47650
27 Tripura 0 -550 0 -150 - - - - - -300 800 300
28 Uttar Pradesh 97650 85335 45000 23185 - -2000 5500 1524 6000 4000 23500 3291
29 Uttarakhand 6300 3800 10400 8000 - -500 1500 1250 1000 600 5500 3100
30 West Bengal 69910 48910 76500 54600 5500 4000 1500 500 2000 -700 27500 15300
  Grand Total 1007058 717140 1073310 753345 87383 63283 91110 59763 65827 25227 623629 406982
- : Nil.
Note: The State of J&K has ceased to exist constitutionally from October 31, 2019 and the liabilities of the State continue to remain as liabilities of the new UT of Jammu and Kashmir.
Source: Reserve Bank of India.
CSF and GRF are reserve funds maintained by some State Governments with the Reserve Bank of India.
ATBs include Treasury bills of 91 days, 182 days and 364 days invested by State Governments in the primary market.
--: Not Applicable (not a member of the scheme).

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