New Delhi, Feb. 5 -- The government's market borrowing plans for the financial year 2025-26 (FY26) appear well-placed to support fiscal policy while complementing monetary policy, according to a report by the State Bank of India (SBI).

For FY26, the report noted that the government has budgeted gross market borrowing through dated securities at Rs 14.8 lakh crore, while repayments are estimated at Rs 3.3 lakh crore.

This brings net market borrowing to Rs 11.5 lakh crore, which is about 73 per cent of the fiscal deficit. The net borrowing figure is higher than the Rs 10.5 lakh crore in the previous budget.

The report said, "Market borrowing in FY26 are comfortable for fiscal policy to support monetary policy".

Additionally, the governm...