ReferIndia News Karnataka disputes RBI’s liability figures ahead of State Budget on Friday, seeks AG correction

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Karnataka disputes RBI’s liability figures ahead of State Budget on Friday, seeks AG correction

Published on: March 4, 2026, 9:31 p.m. | Source: The Economic Times

Karnataka challenges the Reserve Bank of India's debt figures. The state government has written to the Accountant General seeking a review of certain financial entries. These disputed amounts total around ₹60,500 crore. Karnataka argues these are not actual debt obligations. The State Budget is set to be presented soon. The government hopes for a swift resolution to the matter.

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