Reserve Bank of India (RBI) reports external debt of $762.8 billion for March 2026

Exam-focused facts from the 1 July 2026 current affairs briefing.

Key facts

India's external debt reached $762.8 billion by March 2026, with the debt-to-GDP ratio increasing to 20.8%.
Long-term debt was placed at $613.5 billion, while the share of short-term debt in total external debt rose to 19.6%.
The ratio of short-term debt to foreign exchange reserves increased to 21.6% at the end of March 2026.
Debt denominations consisted of US dollar (55.5%), Indian rupee (29.4%), yen (6.4%), special drawing rights with International Monetary Fund (IMF) (4.3%), and euro (3.7%).
External debt components comprised loans (34.7%), currency and deposits (22.3%), trade credit and advances (19%), and debt securities (16.1%).