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PDF - Developments in India’s Balance of Payments for the Month of August 2026 ()
Date : Oct 15, 2026
Developments in India’s Balance of Payments for the Month of August 2026

Preliminary data on India’s balance of payments (BoP) for August 2026 are presented in the following table.

Major Items of India's Balance of Payments
(US$ billion)
Item August 2025 PR August 2026 P April-August 2025 PR April-August 2026 P
A. Current Account (Net) [A.1 to A.4] -6.1 -5.2 -12.8 -18.3
A.1 Merchandise (Net) [a-b] -27.6 -26.6 -124.7 -146.0
        a. Exports 35.1 44.7 185.0 219.9
        b. Imports 62.7 71.3 309.8 366.0
A.2 Services (Net) [a-b] 15.6 16.5 79.9 85.8
        a. Exports 31.2 35.5 162.3 180.0
        b. Imports 15.6 18.9 82.4 94.2
A.3 Transfers (Net) 12.2 12.8 55.6 66.8
A.4 Income (Net) -6.3 -8.0 -23.6 -24.8
B. Capital Account (Net) [B.1 to B.6] 0.5 50.6 12.0 76.3
B.1 Foreign Direct Investment (Net) [a-b] -0.1 3.3 9.6 13.8
        a. In India (Net) 2.0 5.2 23.6 31.5
        b. Abroad (Net) 2.2 1.9 14.0 17.7
B.2 Foreign Portfolio Investment (Net) [a-b] -2.6 1.7 -3.5 -3.7
        a. In India (Net) -2.5 1.9 -2.5 -2.4
        b. Abroad (Net) 0.1 0.1 1.1 1.3
B.3 External Commercial Borrowings (Net) [a-b] -0.1 -22.4 6.7 -28.3
        a. To India (Net) -0.6 1.6 4.7 7.3
        b. By India (Net) -0.4 23.9 -2.0 35.7
B.4 Short-term Credit to India (Net) 0.2 0.2 1.4 5.5
B.5 Banking Capital (Net) -4.7 64.7 -0.3 85.8
        of which: NRI Deposits (Net) 1.0 83.0 5.6 119.2
B.6 Other Capital (Net) 7.8 3.0 -1.9 3.2
C. Overall Balance (A+B) -5.6 45.4 -0.8 58.0
D. Monetary Movements [‘-’ : Increase ; ‘+’ : Decrease] 5.6 -45.4 0.8 -58.0
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: 2026-2027/1335


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