The Economic Times

RBI Governor Sanjay Malhotra allays fears over govt borrowing in FY27, asks to focus on net number

RBI Governor Sanjay Malhotra addressed concerns about the government's borrowing plans for FY27. He highlighted that net borrowing has seen a modest increase, assuring a smooth borrowing program. The high gross borrowing figure is attributed to upcoming maturities. This clarification aims to ease investor unease regarding potential crowding out effects in the financial system.