"We don't think at this moment we need to borrow anything more than what is indicated," he added.
The government had budgeted market borrowing at Rs. 5.7 lakh crore during the current fiscal to bridge the expenditure- evenue gap.
The finance minister had earlier said that the fiscal deficit may go up to 5.3% of the GDP as against the Budget estimate of 5.1% for the current financial year.
In the first half (April-September) of 2012-13, the fiscal deficit rose to Rs. 3.37 lakh crore which was 65.6% of the budget estimate.
The government has already borrowed Rs. 3.7 lakh crore in the first half ending September 30, which is 65% of the total planned borrowing.
The front-loading of borrowing was done as part of its strategy to make available capital to private sector in the last six months of 2012-13.
The government has proposed to raise Rs. 2 lakh crore in the second half of the fiscal.