International Investment Position of India June 2026
RBI press-release 2026-2027/1223 · 30 Sept 2026
Official title
India’s International Investment Position (IIP), June 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India releases data on the International Investment Position for the quarter ending June 2026. Net claims of non-residents on India increase by US$ 16.5 billion to reach US$ 220.3 billion. This change results from an increase in external liabilities of US$ 11.6 billion and a decrease in foreign-owned assets of US$ 4.9 billion. The ratio of international assets to international liabilities decreases to 84.6 percent. Foreign liabilities rise due to higher direct investment and other investment. These increases offset a decline in portfolio equity investments. Reserve assets represent 55.1 percent of total international financial assets. Debt liabilities account for 56.9 percent of total external liabilities.
Key dates
- Reporting period end date
- 30 Jun 2026
Who is affected
- Indian residents with international financial assets and liabilities
Document text
September 30, 2026
India’s International Investment Position (IIP), June 2026
Today, the Reserve Bank released data relating to India’s International Investment Position for end-June 2026[1].
Key highlights of India’s IIP in end-June 2026:
• Net claims of non-residents on India increased by US$ 16.5 billion during Q1:2026-27 to US$ 220.3 billion as at end-June 2026, mainly due to increase in external liabilities by US$ 11.6 billion and a decline of US$ 4.9 billion in the foreign-owned assets (Table 1).
• Accordingly, the ratio of India’s international assets to international liabilities moderated to 84.6 per cent in June 2026 from 85.7 per cent a quarter ago (Chart 1 & Table 1).
• Rise in foreign liabilities of Indian residents was mainly on account of increased direct investment (US$ 15.7 billion) and other investment (US$ 4.2 billion) compensating for the decline in portfolio equity investments (US$ 14 billion).
• Reserve assets accounted for 55.1 per cent of India’s international financial assets while overseas direct investment accounted for over one fourth share (Table 2).
• The share of debt liabilities in total external liabilities increased gradually during the recent quarters and stood at 56.9 per cent as on end-June 2026 (Table 3).
(Brij Raj) Press Release: 2026-2027/1223 Chief General Manager
[1] India’s quarterly IIP is disseminated with a lag of one quarter and the IIP data for end-March 2026 was released in the RBI website on June 30, 2026.
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
0वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
Table 1: Overall International Investment Position of India (US$ billion)
| Period | Jun-25 (PR) | Sep-25 (PR) | Dec-25 (PR) | Mar-26 (PR) | Jun-26 (P) |
|---|---|---|---|---|---|
| Net IIP (A-B) | -312.9 | -271.9 | -261.6 | -203.8 | -220.3 |
| A. Assets | 1,177.3 | 1,185.5 | 1,200.2 | 1,217.4 | 1,212.5 |
| 1. Direct Investment | 279.6 | 289.2 | 299.0 | 306.6 | 316.1 |
| 1.1 Equity and investment fund shares | 180.2 | 187.8 | 196.0 | 201.7 | 208.7 |
| 1.2 Debt instruments | 99.4 | 101.4 | 103.0 | 105.0 | 107.4 |
| 2. Portfolio Investment | 16.3 | 16.6 | 16.5 | 22.4 | 23.4 |
| 2.1 Equity and investment fund shares | 13.1 | 12.5 | 10.1 | 12.2 | 16.0 |
| 2.2 Debt securities | 3.2 | 4.1 | 6.4 | 10.2 | 7.4 |
| 3. Other Investment | 183.3 | 179.6 | 197.0 | 197.3 | 204.4 |
| 3.1 Trade Credits | 33.7 | 31.9 | 34.2 | 31.0 | 31.0 |
| 3.2 Loans | 25.6 | 25.8 | 26.8 | 26.9 | 28.6 |
| 3.3 Currency and Deposits | 83.6 | 80.8 | 90.2 | 89.8 | 91.3 |
| 3.4 Other Assets | 40.4 | 41.1 | 45.8 | 49.6 | 53.5 |
| 4. Reserve Assets | 698.1 | 700.1 | 687.7 | 691.1 | 668.6 |
| B. Liabilities | 1,490.2 | 1,457.4 | 1,461.8 | 1,421.2 | 1,432.8 |
| 1. Direct Investment | 571.7 | 563.0 | 560.5 | 545.2 | 560.9 |
| 1.1 Equity and investment fund shares | 535.9 | 526.7 | 523.7 | 508.1 | 521.8 |
| 1.2 Debt instruments | 35.8 | 36.3 | 36.9 | 37.2 | 39.1 |
| 2. Portfolio Investment | 272.6 | 258.7 | 255.9 | 232.3 | 224.0 |
| 2.1 Equity and investment fund shares | 147.4 | 133.0 | 130.1 | 109.3 | 95.3 |
| 2.2 Debt securities | 125.2 | 125.7 | 125.8 | 123.0 | 128.7 |
| 3. Other Investment | 646.0 | 635.6 | 645.4 | 643.7 | 647.9 |
| 3.1 Trade Credits | 131.1 | 135.0 | 148.3 | 144.9 | 148.4 |
| 3.2 Loans | 260.3 | 258.5 | 259.8 | 264.9 | 267.0 |
| 3.3 Currency and Deposits | 171.7 | 168.9 | 173.9 | 170.4 | 172.6 |
| 3.4 Other Liabilities | 60.1 | 50.6 | 40.7 | 41.1 | 37.5 |
| 3.5 Special drawing rights (Net incurrence of liabilities) | 22.7 | 22.7 | 22.7 | 22.4 | 22.4 |
| Memo Item: Assets to Liability ratio (%) | 79.0 | 81.3 | 82.1 | 85.7 | 84.6 |
Notes (applicable for all tables):
- P: Provisional; PR: Partially Revised; and R: Revised.
- The sum of the constituent items may not add to the total due to rounding off.
Table 2: Composition of International Financial Assets and Liabilities of India
(Per cent)
| Period | Jun-25 (PR) | Sep-25 (PR) | Dec-25 (PR) | Mar-26 (PR) | Jun-26 (P) |
|---|---|---|---|---|---|
| A. Assets | |||||
| 1. Direct Investment | 23.7 | 24.4 | 24.9 | 25.2 | 26.1 |
| 2. Portfolio Investment | 1.4 | 1.4 | 1.4 | 1.8 | 1.9 |
| 3. Other Investment | 15.6 | 15.1 | 16.4 | 16.2 | 16.9 |
| 4. Reserve Assets | 59.3 | 59.1 | 57.3 | 56.8 | 55.1 |
| Total | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
| B. Liabilities | |||||
| 1. Direct Investment | 38.4 | 38.6 | 38.3 | 38.4 | 39.2 |
| 2. Portfolio Investment | 18.3 | 17.8 | 17.5 | 16.3 | 15.6 |
| 3. Other Investment | 43.3 | 43.6 | 44.2 | 45.3 | 45.2 |
| Total | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
Table 3: Share of External Debt and Non-Debt Liabilities of India
(Per cent)
| Period | Jun-25 (PR) | Sep-25 (PR) | Dec-25 (PR) | Mar-26 (PR) | Jun-26 (P) |
|---|---|---|---|---|---|
| Non-Debt Liabilities | 45.9 | 45.3 | 44.7 | 43.4 | 43.1 |
| Debt Liabilities | 54.1 | 54.7 | 55.3 | 56.6 | 56.9 |
| Total | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 30 Sept 2026
- Document number
- 2026-2027/1223
- Issuing division
- Department of Communication
- Coverage area
- banking