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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 increased by $15.4 billion to $778.2 billion by the end of the June quarter 2026, according to RBI data.
- •The external debt to GDP ratio slightly moderated to 20.8 percent at end-June 2026 from 20.9 percent in March 2026.
- •Excluding valuation effects from US dollar appreciation, external debt would have risen by $16.4 billion.
- •Long-term debt reached $624.7 billion, an increase of $11.2 billion, while short-term debt's share rose to 19.7 percent.
- •US dollar-denominated debt remains the largest component at 54.8 percent, with loans being the primary type of external debt.
Key Questions Answered
India's external debt rose by USD 15.4 billion to reach USD 778.2 billion at the end of the June 2026 quarter compared to the previous March quarter.
The external debt-to-GDP ratio moderated to 20.8 per cent at the end of June 2026, dropping slightly from 20.9 per cent recorded on March 31, 2026.
US dollar-denominated debt remained the largest component, accounting for a 54.8 per cent share of India's external debt at the end of June 2026.



