Stories
Non-Resident Claims on India Soar to $220.3 Billion in June: RBI
N
News18•30-09-2026, 19:30
Non-Resident Claims on India Soar to $220.3 Billion in June: RBI
- •Net claims of non-residents on India surged by $16.5 billion in Q1 FY to reach $220.3 billion by June, according to RBI data.
- •The increase is primarily attributed to a rise in external liabilities and a decline in foreign-owned assets.
- •India's international assets to liabilities ratio moderated to 84.6% in June 2026 from 85.7% a quarter prior.
- •The rise in foreign liabilities was driven by increased direct investment ($15.7 billion) and other investments ($4.2 billion), despite a drop in portfolio equity investments.
- •Debt liabilities constituted 56.9% of total external liabilities as of end-June 2026, showing a gradual increase in recent quarters.
Key Questions Answered
Net claims of non-residents on India increased by USD 16.5 billion during the April-June quarter, reaching USD 220.3 billion in June 2026.
The ratio of India's international assets to international liabilities moderated to 84.6 per cent in June 2026, down from 85.7 per cent recorded a quarter ago.
The rise in foreign liabilities was mainly driven by increased direct investment of USD 15.7 billion and other investment of USD 4.2 billion, which compensated for a USD 14 billion decline in portfolio equity investments.
