India will borrow $86.5 billion in the first half of this fiscal year.

LootboxPhobia · 2026-03-27T22:40:31+00:00

The Indian government plans to borrow 8.2 trillion rupees in the first half of this fiscal year, accounting for about half of the total annual borrowing plan, while reducing the total borrowing from 17.2 trillion to 16.09 trillion to address rising sovereign bond yields.

LootboxPhobia

2026-03-27 22:40:31

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Investing.com – The Indian government announced on Friday that it will borrow 8.2 trillion rupees (approximately $865 billion) in the first half of the current fiscal year starting April 1, which accounts for about half of the total borrowing plan for the full 12 months.

The Indian government has revised its total borrowing plan down from 17.2 trillion rupees announced in the budget on February 1 to 16.09 trillion rupees. The government has also reduced the amount to be borrowed through ultra-long-term bonds, a move that may limit further increases in sovereign bond yields. Since the outbreak of the US-Iran war a month ago, Indian sovereign bond yields have risen to near two-year highs.

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