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Document - Table 203 : International Investment Position of India as per BPM6 – Quarterly – US Dollar () or PDF - Table 203 : International Investment Position of India as per BPM6 – Quarterly – US Dollar ()
Date : Jul 31, 2026
Table 203 : International Investment Position of India as per BPM6 – Quarterly – US Dollar
(US $ Million)
Items 2024-25:Q1 PR 2024-25:Q2 PR 2024-25:Q3 PR 2024-25:Q4 PR 2025-26:Q1 PR 2025-26:Q2 PR 2025-26:Q3 PR 2025-26:Q4 P
1 2 3 4 5 6 7 8 9
Net International Investment Position -366966 -353251 -363968 -329124 -312517 -271077 -262255 -209950
Assets 1056517 1114733 1070762 1133962 1177253 1185455 1198146 1210378
Direct investment 246653 254440 260755 270441 279592 289153 296900 304285
Equity and investment fund shares 156635 162382 166493 173559 179823 187429 193625 199057
Direct investor in direct investment enterprises 156635 162382 166493 173559 179823 187429 193625 199057
Direct investment enterprises in direct investor (reverse investment) - - - - - - - -
Between fellow enterprises - - - - - - - -
if ultimate controlling parent is resident - - - - - - - -
if ultimate controlling parent is nonresident - - - - - - - -
if ultimate controlling parent is unknown - - - - - - - -
Of which: Investment fund shares or units - - - - - - - -
Of which: Money market fund shares or units - - - - - - - -
Debt instruments 90018 92058 94262 96882 99769 101725 103275 105228
Direct investor in direct investment enterprises 90018 92058 94262 96882 99769 101725 103275 105228
Direct investment enterprises in direct investor (reverse investment) - - - - - - - -
Between fellow enterprises - - - - - - - -
if ultimate controlling parent is resident - - - - - - - -
if ultimate controlling parent is nonresident - - - - - - - -
if ultimate controlling parent is unknown - - - - - - - -
Of which: Debt securities - - - - - - - -
Direct investor in direct investment enterprises - - - - - - - -
Direct investment enterprises in direct investor (reverse investment) - - - - - - - -
Between fellow enterprises - - - - - - - -
if ultimate controlling parent is resident - - - - - - - -
if ultimate controlling parent is nonresident - - - - - - - -
if ultimate controlling parent is unknown - - - - - - - -
Portfolio investment 12410 12366 12039 15396 16276 16649 16532 17801
Equity and investment fund shares 10665 11073 9197 10339 13053 12559 10126 7598
Central bank - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Deposit-taking corporations except central bank 99 86 154 153 146 157 151 179
General government - - - - - - - -
Other sectors 10566 10988 9043 10186 12907 12402 9974 7419
Other financial corporations 8699 9262 7623 8529 10808 10730 8630 6419
Nonfinancial corporations households and NPISHs 1867 1726 1420 1657 2099 1672 1345 1000
Equity securities other than investment fund shares - - - - - - - -
Listed - - - - - - - -
Unlisted - - - - - - - -
Investment fund shares or units - - - - - - - -
Of which: Money market fund shares or units - - - - - - - -
Debt securities 1745 1293 2843 5057 3222 4091 6407 10203
Central bank - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Deposit-taking corporations except central bank 1638 1220 2783 5004 3155 4040 6366 10173
(Continued)

TABLE 203 : INTERNATIONAL INVESTMENT POSITION OF INDIA AS PER BPM6 – QUARTERLY – US DOLLAR (Contd.)
(US $ Million)
Items 2024-25:Q1 PR 2024-25:Q2 PR 2024-25:Q3 PR 2024-25:Q4 PR 2025-26:Q1 PR 2025-26: Q2 PR 2025-26: Q3 PR 2025-26: Q4 P
1 2 3 4 5 6 7 8 9
Short-term 1638 1220 2783 5004 3155 4040 6366 10173
Long-term - - - - - - - -
General government - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Other sectors 107 73 60 53 67 51 41 31
Short-term 1 1 1 0 0 0 0 0
Long-term 106 72 59 53 67 51 41 31
Other financial corporations 102 68 56 18 23 18 14 10
Short-term - - - - - - - -
Long-term 102 68 56 18 23 18 14 10
Nonfinancial corporations households and NPISHs 5 5 4 35 44 34 27 20
Short-term 1 1 1 0 0 0 0 0
Long-term 4 4 3 35 44 34 27 20
Financial derivatives (other than reserves) and employee stock options - - - - - - - -
Central bank - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Deposit-taking corporations except the central bank - - - - - - - -
General government - - - - - - - -
Other sectors - - - - - - - -
Other financial corporations - - - - - - - -
Nonfinancial corporations households NPISHs - - - - - - - -
Financial derivatives (other than reserves) - - - - - - - -
Options - - - - - - - -
Forward-type contracts - - - - - - - -
Employee stock options - - - - - - - -
Other investment 145458 142145 162267 179798 183268 179563 196980 197184
Other equity - - - - - - - -
Currency and deposits 58722 57076 69581 80425 83622 80770 90192 89752
Central banks - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Deposit-taking corporations except central bank 51145 49529 62195 72894 76087 73511 83024 82943
Short-term 51145 49529 62195 72894 76087 73511 83024 82943
Long-term - - - - - - - -
Of which: Interbank positions - - - - - - - -
General government 0 1 0 0 1 0 0 0
Short-term 0 1 0 0 1 0 0 0
Long-term - - - - - - - -
Other sectors 7577 7547 7385 7531 7534 7258 7167 6809
Short-term 7577 7547 7385 7531 7534 7258 7167 6809
Long-term - - - - - - - -
Other financial corporations 2720 2709 2651 2592 2593 2498 2467 2343
Short-term 2720 2709 2651 2592 2593 2498 2467 2343
Long-term - - - - - - - -
Nonfinancial corporations households NPISHs 4857 4838 4734 4939 4941 4760 4701 4466
(Continued)

TABLE 203 : INTERNATIONAL INVESTMENT POSITION OF INDIA AS PER BPM6 – QUARTERLY – US DOLLAR (Contd.)
(US $ Million)
Items 2024-25:Q1 PR 2024-25: Q2 PR 2024-25: Q3 PR 2024-25: Q4 PR 2025-26:Q1 PR 2025-26: Q2 PR 2025-26: Q3 PR 2025-26: Q4 P
1 2 3 4 5 6 7 8 9
Short-term 4857 4838 4734 4939 4941 4760 4701 4466
Long-term - - - - - - - -
Loans 21711 23051 23408 27044 25618 25824 26782 26903
Central bank - - - - - - - -
Credit and loans with the IMF (other than reserves) - - - - - - - -
Other short-term - - - - - - - -
Other long-term - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Credit and loans with the IMF (other than reserves) - - - - - - - -
Other short-term - - - - - - - -
Other long-term - - - - - - - -
Deposit-taking corporations except the central bank 14602 15971 16479 19816 18387 18857 19902 20353
Short-term - - - - - - - -
Long-term 14602 15971 16479 19816 18387 18857 19902 20353
General government 2002 1994 1951 2015 2016 1942 1918 1837
Credit and loans with the IMF (other than reserves) - - - - - - - -
Other short-term - - - - - - - -
Other long-term 2002 1994 1951 2015 2016 1942 1918 1837
Other sectors 5107 5087 4978 5213 5215 5024 4961 4713
Short-term - - - - - - - -
Long-term 5107 5087 4978 5213 5215 5024 4961 4713
Other financial corporations 240 239 234 80 80 77 76 72
Short-term - - - - - - - -
Long-term 240 239 234 80 80 77 76 72
Nonfinancial corporations households and NPISHs 4867 4848 4744 5133 5135 4947 4885 4641
Short-term - - - - - - - -
Long-term 4867 4848 4744 5133 5135 4947 4885 4641
Insurance pension and standardized guarantee schemes - - - - - - - -
Central bank - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Deposit-taking corporations except the central bank - - - - - - - -
General government - - - - - - - -
Other sectors - - - - - - - -
Other financial corporations - - - - - - - -
Nonfinancial corporations households NPISHs - - - - - - - -
Nonlife insurance technical reserves - - - - - - - -
Life insurance and annuity entitlements - - - - - - - -
Pension entitlements - - - - - - - -
Claims of pension funds on sponsors - - - - - - - -
Entitlements to nonpension benefits - - - - - - - -
Provisions for calls under standardized guarantees - - - - - - - -
Trade credit and advances 36376 32997 33324 33680 33681 31856 34170 30927
Central bank - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Deposit-taking corporations except central bank - - - - - - - -
(Continued)

TABLE 203 : INTERNATIONAL INVESTMENT POSITION OF INDIA AS PER BPM6 – QUARTERLY – US DOLLAR (Contd.)
(US $ Million)
Items 2024-25: Q1 PR 2024-25: Q2 PR 2024-25: Q3 PR 2024-25: Q4 PR 2025-26:Q1 PR 2025-26: Q2 PR 2025-26: Q3 PR 2025-26: Q4 P
1 2 3 4 5 6 7 8 9
Short-term - - - - - - - -
Long-term - - - - - - - -
General government - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Other sectors 36376 32997 33324 33680 33681 31856 34170 30927
Short-term 36376 32997 33324 33680 33681 31856 34170 30927
Long-term - - - - - - - -
Other financial corporations - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Nonfinancial corporations households and NPISHs - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Other accounts receivable 28649 29020 35954 38649 40347 41113 45836 49603
Central bank - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Deposit-taking corporations except central bank 18578 19520 21304 20697 21628 22187 22465 22597
Short-term - - - - - - - -
Long-term 18578 19520 21304 20697 21628 22187 22465 22597
General government 2935 2935 2935 2961 2961 2961 2961 3019
Short-term - - - - - - - -
Long-term 2935 2935 2935 2961 2961 2961 2961 3019
Other sectors 7136 6565 11714 14990 15758 15965 20409 23988
Short-term - - - - - - - -
Long-term 7136 6565 11714 14990 15758 15965 20409 23988
Other financial corporations 89 88 86 107 107 103 102 97
Short-term - - - - - - - -
Long-term 89 88 86 107 107 103 102 97
Nonfinancial corporations households NPISHs 7047 6477 11628 14883 15651 15862 20307 23891
Short-term - - - - - - - -
Long-term 7047 6477 11628 14883 15651 15862 20307 23891
Reserve assets 651997 705782 635701 668326 698118 700089 687734 691108
Monetary gold 56528 65749 66148 78176 83308 97465 111262 115395
Gold bullion - - - - - - - -
Unallocated gold accounts - - - - - - - -
Of which : Monetary gold under swap for cash collateral - - - - - - - -
Special drawing rights 18014 18566 17882 18169 18825 18775 18795 18621
Reserve position in the IMF 4573 4391 4217 4423 4630 4668 4781 4808
Other reserve assets 572881 617075 547454 567557 591354 579181 552897 552283
Currency and deposits 91293 101778 78009 82028 87147 89638 83003 86671
Claims on monetary authorities 57560 60121 41044 45685 45542 46111 45173 46829
Claims on other entities 33734 41657 36965 36343 41605 43528 37830 39841
Securities 481588 515297 469445 485530 504208 489542 469894 465612
Debt securities - - - - - - - -
(Continued)

TABLE 203 : INTERNATIONAL INVESTMENT POSITION OF INDIA AS PER BPM6 – QUARTERLY – US DOLLAR (Contd.)
(US $ Million)
Items 2024-25: Q1 PR 2024-25: Q2 PR 2024-25: Q3 PR 2024-25: Q4 PR 2025-26:Q1 PR 2025-26: Q2 PR 2025-26: Q3 PR 2025-26: Q4 P
1 2 3 4 5 6 7 8 9
Short-term - - - - - - - -
Long-term - - - - - - - -
Equity and investment fund shares - - - - - - - -
Of which: Securities under repo for cash collateral - - - - - - - -
Financial derivatives - - - - - - - -
Other claims - - - - - - - -
Liabilities 1423484 1467984 1434730 1463086 1489770 1456531 1460401 1420329
Direct investment 552951 555446 547234 556942 571175 562069 559048 543256
Equity and investment fund shares 520605 522784 512997 521931 535410 525734 522183 506062
Direct investor in direct investment enterprises 520605 522784 512997 521931 535410 525734 522183 506062
Direct investment enterprises in direct investor (reverse investment) - - - - - - - -
Between fellow enterprises - - - - - - - -
if ultimate controlling parent is resident - - - - - - - -
if ultimate controlling parent is nonresident - - - - - - - -
if ultimate controlling parent is unknown - - - - - - - -
Of which: Investment fund shares or units - - - - - - - -
Of which: Money market fund shares or units - - - - - - - -
Debt instruments 32347 32662 34237 35011 35764 36334 36866 37194
Direct investor in direct investment enterprises 32347 32662 34237 35011 35764 36334 36866 37194
Direct investment enterprises in direct investor (reverse investment) - - - - - - - -
Between fellow enterprises - - - - - - - -
if ultimate controlling parent is resident - - - - - - - -
if ultimate controlling parent is nonresident - - - - - - - -
if ultimate controlling parent is unknown - - - - - - - -
Of which: Debt securities - - - - - - - -
Direct investor in direct investment enterprises - - - - - - - -
Direct investment enterprises in direct investor (reverse investment) - - - - - - - -
Between fellow enterprises - - - - - - - -
if ultimate controlling parent is resident - - - - - - - -
if ultimate controlling parent is nonresident - - - - - - - -
if ultimate controlling parent is unknown - - - - - - - -
Portfolio investment 277343 294342 276516 272041 272556 258741 255902 233423
Equity and investment fund shares 160898 170934 155573 141938 147392 133005 130110 110422
Central bank - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Deposit-taking corporations except central bank - - - - - - - -
General government - - - - - - - -
Other sectors 160898 170934 155573 141938 147392 133005 130110 110422
Other financial corporations - - - - - - - -
Nonfinancial corporations households and NPISHs 160898 170934 155573 141938 147392 133005 130110 110422
Equity securities other than investment fund shares - - - - - - - -
Listed - - - - - - - -
Unlisted - - - - - - - -
Investment fund shares or units - - - - - - - -
Of which: Money market fund shares or units - - - - - - - -
Debt securities 116445 123408 120943 130103 125164 125737 125791 123001
Central bank - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
(Continued)

TABLE 203 : INTERNATIONAL INVESTMENT POSITION OF INDIA AS PER BPM6 – QUARTERLY – US DOLLAR (Contd.)
(US $ Million)
Items 2024-25: Q1 PR 2024-25: Q2 PR 2024-25: Q3 PR 2024-25: Q4 PR 2025-26:Q1 PR 2025-26: Q2 PR 2025-26: Q3 PR 2025-26: Q4 P
1 2 3 4 5 6 7 8 9
Monetary authorities (where relevant) - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Deposit-taking corporations except central bank 6873 6883 6760 8043 7099 6669 6485 7655
Short-term - - - - - - - -
Long-term 6873 6883 6760 8043 7099 6669 6485 7655
General government 31734 38647 38430 43862 39995 41264 41414 39272
Short-term 543 417 371 274 269 257 258 242
Long-term 31191 38230 38059 43588 39726 41007 41155 39030
Other sectors 77838 77878 75753 78198 78070 77804 77892 76074
Short-term 1294 1146 1080 1077 854 594 363 312
Long-term 76544 76733 74673 77121 77216 77210 77529 75762
Other financial corporations 21248 22362 23804 24440 23499 22873 24572 24138
Short-term 1294 1146 1080 1077 854 594 363 312
Long-term 19954 21216 22724 23363 22645 22279 24209 23826
Nonfinancial corporations households and NPISHs 56590 55517 51949 53758 54572 54931 53320 51936
Short-term - - - - - - - -
Long-term 56590 55517 51949 53758 54572 54931 53320 51936
Financial derivatives (other than reserves) and employee stock options - - - - - - - -
Central bank - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Deposit-taking corporations except central bank - - - - - - - -
General government - - - - - - - -
Other sectors - - - - - - - -
Other financial corporations - - - - - - - -
Nonfinancial corporations households NPISHs - - - - - - - -
Financial derivatives (other than reserves) - - - - - - - -
Options - - - - - - - -
Forward-type contracts - - - - - - - -
Employee stock options - - - - - - - -
Other investment 593190 618196 610981 634103 646040 635721 645451 643650
Other equity - - - - - - - -
Currency and deposits 160628 164076 165713 167598 171749 168875 173889 170371
Central banks 271 273 303 45 78 68 62 118
Short-term 271 273 303 45 78 68 62 118
Long-term - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Deposit-taking corporations except the central bank 160356 163804 165411 167553 171671 168806 173827 170254
Short-term 4574 2412 3667 2876 3314 3007 4553 4600
Long-term 155782 161392 161744 164677 168357 165799 169274 165654
Of which: Interbank positions - - - - - - - -
General government - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Other sectors - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
(Continued)

TABLE 203 : INTERNATIONAL INVESTMENT POSITION OF INDIA AS PER BPM6 – QUARTERLY – US DOLLAR (Contd.)
(US $ Million)
Items 2024-25: Q1 PR 2024-25: Q2 PR 2024-25: Q3 PR 2024-25: Q4 PR 2025-26:Q1 PR 2025-26: Q2 PR 2025-26: Q3 PR 2025-26: Q4 P
1 2 3 4 5 6 7 8 9
Other financial corporations - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Nonfinancial corporations households NPISHs - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Loans 224544 239390 240589 250557 260319 258565 259912 264884
Central bank - - - - - - - -
Credit and loans with the IMF - - - - - - - -
Other short-term - - - - - - - -
Other long-term - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Credit and loans with the IMF - - - - - - - -
Other short-term - - - - - - - -
Other long-term - - - - - - - -
Deposit-taking corporations except the central bank 26874 27589 27849 26599 25887 21884 22346 24154
Short-term - - - - - - - -
Long-term 26874 27589 27849 26599 25887 21884 22346 24154
General government 95885 100866 98897 102552 105236 104845 104665 105757
Credit and loans with the IMF - - - - - - - -
Other short-term - - - - - - - -
Other long-term 95885 100866 98897 102552 105236 104845 104665 105757
Other sectors 101785 110935 113843 121406 129195 131836 132901 134973
Short-term - - - - - - - -
Long-term 101785 110935 113843 121406 129195 131836 132901 134973
Other financial corporations 30044 35962 38508 45173 47468 49524 51128 53873
Short-term - - - - - - - -
Long-term 30044 35962 38508 45173 47468 49524 51128 53873
Nonfinancial corporations households and NPISHs 71741 74974 75336 76233 81727 82312 81773 81101
Short-term - - - - - - - -
Long-term 71741 74974 75336 76233 81727 82312 81773 81101
Insurance pension and standardized guarantee schemes - - - - - - - -
Central bank - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Deposit-taking corporations except central bank - - - - - - - -
General government - - - - - - - -
Other sectors - - - - - - - -
Other financial corporations - - - - - - - -
Nonfinancial corporations households NPISHs - - - - - - - -
Nonlife insurance technical reserves - - - - - - - -
Life insurance and annuity entitlements - - - - - - - -
Pension entitlements - - - - - - - -
Claims of pension funds on sponsors - - - - - - - -
Entitlements to nonpension benefits - - - - - - - -
Provisions for calls under standardized guarantees (F66O) - - - - - - - -
Trade credit and advances 125906 131221 135571 131164 131081 135025 148306 144870
Central bank - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
(Continued)

TABLE 203 : INTERNATIONAL INVESTMENT POSITION OF INDIA AS PER BPM6 – QUARTERLY – US DOLLAR (Concld.)
(US $ Million)
Items 2024-25: Q1 PR 2024-25: Q2 PR 2024-25: Q3 PR 2024-25: Q4 PR 2025-26:Q1 PR 2025-26: Q2 PR 2025-26: Q3 PR 2025-26: Q4 P
1 2 3 4 5 6 7 8 9
Monetary authorities (where relevant) - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Deposit-taking corporations except central bank - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
General government - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Other sectors 125906 131221 135571 131164 131081 135025 148306 144870
Short-term 125292 130612 134625 130219 130131 134113 147400 143963
Long-term 613 608 946 945 950 912 906 907
Other financial corporations - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Nonfinancial corporations households and NPISHs 125906 131221 135571 131164 131081 135025 148306 144870
Short-term 125292 130612 134625 130219 130131 134113 147400 143963
Long-term 613 608 946 945 950 912 906 907
Other accounts payable - other 60346 61065 47527 62797 60154 50569 40682 41079
Central bank - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Monetary authorities (where relevant) - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Deposit-taking corporations except central bank - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
General government - - - - - - - -
Short-term - - - - - - - -
Long-term - - - - - - - -
Other sectors 60346 61065 47527 62797 60154 50569 40682 41079
Short-term 60346 61065 47527 62797 60154 50569 40682 41079
Long-term - - - - - - - -
Other financial corporations 4327 4310 4217 4029 4031 3883 3834 3643
Short-term 4327 4310 4217 4029 4031 3883 3834 3643
Long-term - - - - - - - -
Nonfinancial corporations households NPISHs 56019 56755 43309 58768 56124 46686 36848 37437
Short-term 56019 56755 43309 58768 56124 46686 36848 37437
Long-term - - - - - - - -
Special drawing rights (Net incurrence of liabilities) 21766 22445 21581 21987 22737 22687 22662 22445
Note: 1. PR: Partially Revised, P: Provisional
2. The sum of the constituent items may not add to the total due to rounding off.
Source: Reserve Bank of India