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India’s Net Claims by Non-Residents Fall by $34.2 Billion in Q4 FY25: RBI Data

India saw a sharp decline in net claims by non-residents during the fourth quarter of FY25, with the figure dropping by $34.2 billion to stand at $330 billion as of March-end, according to data released by the Reserve Bank of India (RBI) on Friday. This decline was driven primarily by a stronger rise in Indian residents’ overseas financial assets, which surged by $60 billion, significantly outpacing the $25.8 billion increase in foreign-owned assets in India. The data is part of India’s International Investment Position (IIP) for the quarter ended March...