India's external debt rises to $762.8 billion, driven by private sector borrowings, while government debt declines, says RBI.

India's external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8%. The US dollar's strength significantly…

India's external debt rises to $762.8 billion, driven by private sector borrowings, while government debt declines, says RBI.

Household debt has climbed to 45.5% of India's GDP, driven by a surge in non-housing retail loans, now making up over half of total borrowings. Despite this rise, borrower quality…