Hyderabad: The Telangana Government, headed by Chief Minister A Revanth Reddy, is set to raise another ₹1,400 crore loan, further increasing the state’s debt burden. An indent has been placed to secure the loan from the open market shortly.
The government plans to mobilise the amount in two tranches of ₹700 crore each through an e-auction scheduled for 29 April.
The Revanth Reddy government had earlier submitted proposals to the Reserve Bank of India (RBI) seeking to raise ₹14,000 crore in loans during the first quarter of the 2025–26 financial year. Of this, it indicated that ₹4,000 crore would be borrowed in April alone, of which ₹3,000 crore has already been secured.
