Preliminary data on India’s balance of payments (BoP) for September 2026 are presented in the following table. | Major Items of India's Balance of Payments | | (US$ billion) | | Item | September 2025 PR | September 2026 P | April-September 2025 PR | April-September 2026 P | | A. Current Account (Net) [A.1 to A.4] | -5.2 | -7.4 | -18.0 | -25.8 | | A.1 Merchandise (Net) [a-b] | -33.4 | -30.0 | -158.1 | -176.1 | | a. Exports | 36.4 | 45.3 | 221.5 | 265.3 | | b. Imports | 69.8 | 75.3 | 379.6 | 441.4 | | A.2 Services (Net) [a-b] | 18.8 | 19.2 | 98.8 | 105.0 | | a. Exports | 36.7 | 39.3 | 199.0 | 219.3 | | b. Imports | 17.8 | 20.1 | 100.2 | 114.3 | | A.3 Transfers (Net) | 11.5 | 10.9 | 67.2 | 77.7 | | A.4 Income (Net) | -2.2 | -7.6 | -25.8 | -32.4 | | B. Capital Account (Net) [B.1 to B.6] | -0.4 | 16.2 | 11.6 | 92.6 | | B.1 Foreign Direct Investment (Net) [a-b] | -2.3 | -4.9 | 7.4 | 8.8 | | a. In India (Net) | 2.5 | -0.5 | 26.1 | 31.0 | | b. Abroad (Net) | 4.7 | 4.4 | 18.7 | 22.1 | | B.2 Foreign Portfolio Investment (Net) [a-b] | -0.6 | -6.7 | -4.1 | -10.4 | | a. In India (Net) | -0.5 | -6.5 | -3.0 | -8.9 | | b. Abroad (Net) | 0.1 | 0.1 | 1.2 | 1.4 | | B.3 External Commercial Borrowings (Net) [a-b] | 0.6 | 4.5 | 7.2 | -40.6 | | a. To India (Net) | 2.0 | 3.4 | 6.7 | 10.8 | | b. By India (Net) | 1.4 | -1.1 | -0.6 | 51.4 | | B.4 Short-term Credit to India (Net) | 2.5 | 1.6 | 3.9 | 7.0 | | B.5 Banking Capital (Net) | 0.7 | 22.2 | 0.3 | 125.2 | | of which: NRI Deposits (Net) | 0.4 | 3.7 | 6.1 | 125.6 | | B.6 Other Capital (Net) | -1.3 | -0.6 | -3.1 | 2.6 | | C. Overall Balance (A+B) | -5.6 | 8.8 | -6.4 | 66.8 | | D. Monetary Movements [‘-’ : Increase ; ‘+’ : Decrease] | 5.6 | -8.8 | 6.4 | -66.8 | | PR: Partially Revised; and P: Preliminary. | Note: 1. Errors and omissions are included under ‘Other Capital’.
2. Total of sub-components may not tally with aggregate due to rounding off. | (Brij Raj)
Chief General Manager Press Release: 2026-2027/1495 | |