New Delhi, June 30 -- States and Union Territories combined will raise about Rs 2.86 lakh crore from markets in the quarter July-September 2025, the Reserve Bank of India (RBI) has indicated.

The expected market borrowing plans have been decided upon by the RBI after consulting with the State Governments/Union Territories.

On July 1, Rs 18,100 crore is proposed to be borrowed - Andhra Pradesh (Rs 2,000 crore), Assam (Rs 900 crore), Gujarat (Rs 1,000 crore), Himachal Pradesh (Rs 1,200 crore), Kerala (Rs 2,000 crore), Maharashtra (Rs 6,000 crore), Rajasthan (Rs 500 crore), Tamil Nadu (Rs 2,000 crore), Telangana (Rs 1,500 crore), and West Bengal (Rs 1,000 crore).

Out of the gross market borrowing of Rs 14.82 lakh crore budgeted for 2025-2...