MUMBAI, India, June 27 -- Reserve Bank of India issued the following press release:
Today, the Reserve Bank released data relating to India's International Investment Position for end-March 2025[1].
Key Features
IIP during January-March 2025:
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Net claims of non-residents on India declined by US$ 34.2 billion during Q4:2024-25 to US$ 330.0 billion as at end-March 2025.
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Higher rise in Indian residents' overseas financial assets (US$ 60.0 billion) as compared to that in the foreign-owned assets in India (US$ 25.8 billion) led to the decline in net claims of non-residents during the quarter (Table 1).
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Increase in reserve assets accounted for over 54 per cent of the rise in Indian residents' overseas financial assets, followed...