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