Global banks endorse Budget 2026-27, caution on borrowings
pre-market1 source ↓written by the desknot a recommendation
Finance Minister Nirmala Sitharaman announced a capital expenditure increase to ₹12.2 lakh crore for FY27, up from ₹11.11 lakh crore. The fiscal deficit is pegged at 4.3% of GDP, slightly lower than the previous year. However, global investment banks raised concerns over gross borrowings of ₹17.2 lakh crore, indicating potential market implications.
Not investment advice. For informational purposes only.