India's external debt rises to $778.2 bn in June 2026

India's external debt rose by $15.4 billion to $778.2 billion at end of June 2026, per RBI data. Despite the increase, debt-to-GDP ratio edged down to 20.8%. Short-term debt's share of forex reserves rose to 23% from 21.6%. Over 54.8% of debt is dollar-denominated; loans form the largest component.