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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 : Feb 20, 2026
(₹ Crore)
Sr. No. State 2023-24 2024-25 2025-26 Total amount raised, so far in 2025-26
October November December
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 3900 2400 3000 2450 7000 5000 56072 43022
2 Arunachal Pradesh 902 672 1010 704 - - 200 200 375 375 575 445
3 Assam 18500 16000 19000 13850 - -500 - -500 1900 1900 10204 7754
4 Bihar 47612 29910 47546 30890 5500 4000 3000 1000 5310 5310 39810 34232
5 Chhattisgarh 32000 26213 24500 16913 2000 - 3000 200 2000 500 11470 4470
6 Goa 2550 1560 1050 250 200 200 100 -50 100 -54 1200 196
7 Gujarat 30500 11947 38200 16280 3000 700 4000 1700 6000 3200 32500 14040
8 Haryana 47500 28364 49500 31710 6000 6000 1000 200 4000 2100 30500 18270
9 Himachal Pradesh 8072 5856 7359 4725 200 -300 300 - 1350 1350 8269 6119
10 Jammu & Kashmir UT 16337 13904 13170 11416 1000 860 1150 850 1070 920 8625 6585
11 Jharkhand 1000 -2505 3500 -2005 - -500 - -1000 - -500 2000 -1000
12 Karnataka 81000 63003 92025 71525 - -3000 - -6000 12000 7813 12000 -2188
13 Kerala 42438 26638 53666 37966 2000 500 3500 2250 3850 2800 36338 22538
14 Madhya Pradesh 38500 26264 63400 47206 8200 8200 4000 500 6400 4900 49477 38477
15 Maharashtra 110000 79738 123000 90917 19000 16000 4000 - 10000 6000 99000 74000
16 Manipur 1426 1076 1500 1037 - - 150 75 150 75 1650 1150
17 Meghalaya 1364 912 1882 997 - -360 - -100 984 934 2634 1604
18 Mizoram 901 641 1169 939 110 110 110 110 105 105 800 665
19 Nagaland 2551 2016 1550 950 - - - -100 500 500 900 450
20 Odisha 0 -4658 20780 17780 1000 1000 - - 1000 500 8000 7500
21 Puducherry 1100 475 1600 880 - -125 - -125 350 350 900 450
22 Punjab 42386 29517 40828 32466 4000 2500 517 17 2000 1400 31750 21496
23 Rajasthan 73624 49718 75185 49479 10000 7980 6200 3450 6000 4500 60300 40468
24 Sikkim 1916 1701 1951 1621 500 500 500 275 - - 1500 1275
25 Tamil Nadu 113001 75970 123625 89894 11000 6525 13000 8125 23000 20250 95300 65550
26 Telangana 49618 39385 56209 42199 5000 3798 9100 8100 9300 8300 69300 55950
27 Tripura 0 -550 0 -150 - - - -300 500 500 1300 800
28 Uttar Pradesh 97650 85335 45000 23185 5500 1524 6000 4000 11015 9437 34515 12728
29 Uttarakhand 6300 3800 10400 8000 1500 1250 1000 600 1500 1300 7000 4400
30 West Bengal 69910 48910 76500 54600 1500 500 2000 -700 11965 9665 39465 24965
  Grand Total 1007058 717140 1073310 753345 91110 59763 65827 25227 129724 99429 753353 506411
- : 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.

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