INDIA'S EXTERNAL DEBT AS AT THE END OF MARCH 2025

MUMBAI, India, June 27 -- Reserve Bank of India issued the following press release:

The stock of external debt at end-March 2025 as well as revised data for earlier quarters are set out in Statements I (IMF format1) and II (old format). The major developments relating to India's external debt as at end-March 2025 are presented below.

Highlights

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At end-March 2025, India's external debt was placed at US$ 736.3 billion, an increase of US$ 67.5 billion over its level at end-March 2024 (Table 1).

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The external debt to GDP ratio increased to 19.1 per cent at end-March 2025 from 18.5 per cent at end-March 2024.

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Valuation effect due to the appreciation of the US dollar vis-a-vis the Indian rupee and other currencies amounted to US...