As per the data published by the Reserve Bank of India (RBI) on Wednesday, the external debt position of India went up by $15.4 billion at the end of June 2026 quarter to $778.2 billion. This rise is witnessed when compared to the March quarter figures.

Nevertheless, the external debt-to-GDP ratio fell from 20.9 percent to 20.8 percent during March 2026 to June 2026. As a consequence of appreciation of the US dollar, there was a valuation effect of $0.9 billion against other currencies such as yen and euro. As per RBI, the rise in external debt would have been $16.4 billion if the valuation effect had not occurred.

The long-term debt with an original maturity of over one year was $624.7 billion in June quarter, rising from $613.5 billion in March 2026. Short-term debt with an original maturity of up to one year constituted 19.7 percent of total external debt, increasing from 19.6 percent in the previous quarter. The ratio of short-term debt to foreign exchange reserves was higher by 1.4 percent to 23 percent in June 2026, from 21.6 percent in March 2026. There was an increase in outstanding debt both of the government and non-government sectors at the end of June 2026.

According to the RBI, US dollar-denominated debt remains the largest component of India's external debt, accounting for 54.8 percent at the end of June 2026, followed by Indian rupee-denominated debt (29.8 percent). The yen (6.9 percent), SDR2 (4.1 percent), and euro (3.5 percent) are the other major currencies.

Debt constitutes the largest component of debt, accounting for 34.3 percent. This is followed by currency and deposits (22.2 percent). Trade loans and advances (19.1 percent) and debt securities (16.5 percent) are also significant components. Debt service, or principal repayments and interest payments, accounted for 5.6 percent of current receipts at end-June 2026, the same as in March 2026.

As per the data published by the Reserve Bank of India (RBI) on Wednesday, the external debt position of India went up by $15.4 billion at the end of June 2026 quarter to $778.2 billion. This rise is witnessed when compared to the March quarter figures.

Nevertheless, the external debt-to-GDP ratio fell from 20.9 percent to 20.8 percent during March 2026 to June 2026. As a consequence of appreciation of the US dollar, there was a valuation effect of $0.9 billion against other currencies such as yen and euro. As per RBI, the rise in external debt would have been $16.4 billion if the valuation effect had not occurred.

The long-term debt with an original maturity of over one year was $624.7 billion in June quarter, rising from $613.5 billion in March 2026. Short-term debt with an original maturity of up to one year constituted 19.7 percent of total external debt, increasing from 19.6 percent in the previous quarter. The ratio of short-term debt to foreign exchange reserves was higher by 1.4 percent to 23 percent in June 2026, from 21.6 percent in March 2026. There was an increase in outstanding debt both of the government and non-government sectors at the end of June 2026.

According to the RBI, US dollar-denominated debt remains the largest component of India's external debt, accounting for 54.8 percent at the end of June 2026, followed by Indian rupee-denominated debt (29.8 percent). The yen (6.9 percent), SDR2 (4.1 percent), and euro (3.5 percent) are the other major currencies.

Debt constitutes the largest component of debt, accounting for 34.3 percent. This is followed by currency and deposits (22.2 percent). Trade loans and advances (19.1 percent) and debt securities (16.5 percent) are also significant components. Debt service, or principal repayments and interest payments, accounted for 5.6 percent of current receipts at end-June 2026, the same as in March 2026.