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India's External Debt Soars to $778.2 Billion in June Quarter, RBI Reports
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News18•30-09-2026, 18:45
India's External Debt Soars to $778.2 Billion in June Quarter, RBI Reports
- •India's external debt reached USD 778.2 billion by the end of June 2026, an increase of USD 15.4 billion from March, according to the Reserve Bank of India.
- •Despite the rise in total debt, its ratio to India's GDP remained stable at 20.8 per cent, slightly down from 20.9 per cent in March.
- •A larger portion of India's foreign debt, 50.5 per cent, is due for repayment within the next 12 months, up from 47.3 per cent three months prior.
- •Both government and private-sector external debt increased, with government debt at USD 174.3 billion and non-government debt at USD 603.9 billion.
- •Companies outside the financial sector hold the largest share of external debt (36.1%), followed by banks (26.2%) and the government (22.4%).
Key Questions Answered
India's total external debt rose to USD 778.2 billion at the end of June 2026, marking an increase of USD 15.4 billion from the previous quarter.
Despite the increase in the total debt amount, the external debt stood at 20.8 per cent of India's GDP at the end of June 2026, which is slightly lower than the 20.9 per cent recorded at the end of March.
Companies outside the financial sector account for the largest share of India's external debt at 36.1 per cent, followed by banks and other deposit-taking institutions at 26.2 per cent, and the government at 22.4 per cent.
