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India’s external debt rises to $747.2 billion at end of June 2025, says Reserve Bank data
Millennium Post Delhi
|New Delhi 01October2025
External debt to GDP ratio moderated to 18.9% at end of June from 19.1% at end of March 2025
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India’s external debt stood at $747.2 billion at the end of June 2025, an increase of $11.2 billion over its level at March-end 2025, according to the Reserve Bank data released on Tuesday.
‘The external debt to GDP ratio moderated to 18.9 per cent at the end of June 2025 from 19.1 per cent at the end of March 2025.
It said that valuation loss due to the depreciation of the US dollar visa-vis the Indian rupee and other major currencies such as yen, the euro and SDR amounted to $5.1 billion.
Excluding the valuation effect, external debt would have increased by $6.2 billion instead of $11.2 billion at the end of June 2025 over March-end 2025.
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