India’s total external debt grew by USD 15.4 billion to reach USD 778.2 billion by the end of the June 2026 quarter compared to the preceding March quarter, according to Reserve Bank of India data published Wednesday.
Despite the absolute increase, the external debt-to-GDP ratio improved slightly, dropping to 20.8 percent at the end of June 2026 from 20.9 percent on March 31, 2026.