Today, the Reserve Bank released data relating to India’s International Investment Position for end-June 2025[1]. Key Features of India’s IIP in end-June 2025: • Net claims of non-residents on India declined by US$ 16.4 billion during Q1:2025-26 and stood at US$ 312.8 billion as at end-June 2025. It was mainly due to higher rise in Indian residents’ overseas financial assets (US$ 47.8 billion) as compared to the foreign-owned assets in India (US$ 31.4 billion) (Table 1).

The stock of external debt at end-June 2025 as well as revised data for earlier quarters are set out in Statements I (IMF format ) and II (old format). The major developments relating to India’s external debt as at end-June 2025 are presented below. Highlights • At end-June 2025, India’s external debt was placed at US$ 747.2 billion, an increase of US$ 11.2 billion over its level at end-March 2025 (Table 1).