RBI outlines a Q1‑2026 state borrowing plan totaling ₹2,54,509 crore to fund fiscal deficits.
Nine pilot states adopt the Benchmark Issuance Strategy with detailed auction dates and multi‑tenor allocations.
Annex 2 lists non‑pilot states/UTs auctions amounting to ₹1,00,609 crore across 15+ jurisdictions.
Actual auction amounts will be disclosed 2‑3 days prior, aiming for non‑disruptive market impact.