Preliminary data on India’s balance of payments (BoP) for July 2026 are presented in the following table.
| Major Items of India’s Balance of Payments |
| (US$ billion) |
| Item |
July 2025 PR |
July 2026 P |
April-July 2025 PR |
April-July 2026 P |
| A. Current Account (Net) [A.1 to A.4] |
-3.2 |
-7.0 |
-6.6 |
-11.2 |
| A.1 Merchandise (Net) [a-b] |
-28.2 |
-31.7 |
-97.1 |
-117.8 |
| a. Exports |
37.4 |
45.1 |
150.0 |
177.1 |
| b. Imports |
65.6 |
76.8 |
247.1 |
294.9 |
| A.2 Services (Net) [a-b] |
16.4 |
17.6 |
64.3 |
69.3 |
| a. Exports |
33.7 |
38.3 |
131.2 |
144.5 |
| b. Imports |
17.3 |
20.6 |
66.8 |
75.2 |
| A.3 Transfers (Net) |
12.6 |
13.2 |
43.4 |
53.9 |
| A.4 Income (Net) |
-4.0 |
-6.1 |
-17.3 |
-16.6 |
| B. Capital Account (Net) [B.1 to B.6] |
3.5 |
27.7 |
11.4 |
23.9 |
| B.1 Foreign Direct Investment (Net) [a-b] |
4.5 |
7.3 |
9.7 |
13.4 |
| a. In India (Net) |
7.2 |
10.7 |
21.6 |
26.3 |
| b. Abroad (Net) |
2.7 |
3.4 |
11.9 |
12.8 |
| B.2 Foreign Portfolio Investment (Net) [a-b] |
-2.5 |
4.1 |
-0.9 |
-5.5 |
| a. In India (Net) |
-2.4 |
4.4 |
0.04 |
-4.3 |
| b. Abroad (Net) |
0.1 |
0.3 |
1.0 |
1.2 |
| B.3 External Commercial Borrowings (Net) [a-b] |
1.4 |
-2.3 |
6.8 |
-1.3 |
| a. To India (Net) |
0.8 |
2.5 |
5.3 |
5.8 |
| b. By India (Net) |
-0.5 |
4.8 |
-1.6 |
7.0 |
| B.4 Short-term Credit to India (Net) |
1.2 |
1.8 |
1.1 |
5.4 |
| B.5 Banking Capital (Net) |
6.0 |
18.4 |
4.4 |
21.1 |
| of which: NRI Deposits (Net) |
1.0 |
33.5 |
4.7 |
36.2 |
| B.6 Other Capital (Net) |
-7.0 |
-1.6 |
-9.7 |
-9.3 |
| C. Overall Balance (A+B) |
0.3 |
20.8 |
4.8 |
12.7 |
| D. Monetary Movements [‘-’ : Increase ; ‘+’ : Decrease] |
-0.3 |
-20.8 |
-4.8 |
-12.7 |
| 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. |
