India's
✍️ Kansagara dipkumar chetanbhai
🗓 30 Jun 2026, 07:31 PM
👁 75
India's net external liabilities declined sharply by 52.4 billion US dollars during the January-March quarter of 2025-26 to 209.9 billion US dollars at the end of March, reflecting a fall in foreign-owned assets in the country and a rise in overseas financial assets held by Indian residents.
According to RBI data, the decline in net claims of non-residents on India was driven by a 40.1 billion dollar fall in foreign liabilities and a 12.3 billion dollar increase in Indian residents' overseas financial assets during the fourth quarter of FY26.
Exchange rate movements also contributed to the decline in liabilities when measured in dollar terms.
According to RBI data, the decline in net claims of non-residents on India was driven by a 40.1 billion dollar fall in foreign liabilities and a 12.3 billion dollar increase in Indian residents' overseas financial assets during the fourth quarter of FY26.
Exchange rate movements also contributed to the decline in liabilities when measured in dollar terms.