{
  "id": 10933988,
  "title": "India’s External Debt as at the end of June 2026",
  "url": "https://urgent.news/2026/09/30/indias-external-debt-as-at-the-end-of-june-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T12:08:53.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63700"
  },
  "original_language": "en",
  "account": "By June 2026, India's external debt had risen to $778.2 billion, up $15.4 billion from the end of March 2026. The ratio of external debt to GDP fell slightly to 20.8%, down from 20.9% in the previous quarter. Increases in the value of the US dollar resulted in gains of $0.9 billion. Excluding this effect, debt would have increased by $16.4 billion over the prior period. As of June 2026, long-term debt, with maturities over one year, totaled $624.7 billion, growing by $11.2 billion since March 2026. Short-term debt, due within a year, accounted for 19.7% of total external debt, up from 19.6% in March 2026. This short-term debt represented 23.0% of foreign exchange reserves, up from 21.6% in March 2026. Residual maturity debt, which includes long-term obligations maturing within twelve months, constituted 43.4% of total debt and 50.5% of foreign exchange reserves. The majority of India's external debt, 54.8%, was denominated in US dollars, followed by Indian rupees (29.8%), Yen (6.9%), SDRs (4.1%), and Euros (3.5%). Both the government and non-government sectors saw increases in outstanding debt by June 2026 compared to March 2026. Non-financial corporations held the largest share of outstanding debt at 36.1%, followed by deposit-taking corporations (26.2%), general government (22.4%), and other financial corporations (10.2%). Loans made up the largest portion of external debt, at 34.3%, while currency and deposits accounted for 22.2%, trade credit and advances 19.1%, and debt securities 16.5%. Debt service, comprising principal repayments and interest payments, was 5.6% of current receipts in June 2026, identical to the figure in March 2026.",
  "summary": "The stock of external debt at end-June 2026 as well as revised data for earlier quarters are set out in Statements I (IMF format 1 ) and II (old format) . The major developments relating to India's external debt as at end-June 2026 are presented below. Highlights At end-June 2026, India’s external debt was placed at US$ 778.2 billion, an increase of US$ 15.4 billion over its level at end-March…",
  "key_points": [
    "India's external debt reached $778.2 billion by June 2026, up $15.4 billion from March 2026.",
    "The ratio of external debt to GDP decreased slightly to 20.8% in June 2026."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}