Mumbai, June 30 -- India's net international investment position (IIP) improved significantly during the January-March quarter of FY2025-26, with net claims of non-residents on the country declining by USD 52.4 billion to USD 209.9 billion as of end-March 2026, according to data released by the Reserve Bank of India (RBI) on Tuesday.

The improvement was driven by a USD 40.1 billion decline in foreign-owned assets in India, alongside a USD 12.3 billion increase in overseas financial assets held by Indian residents. The RBI noted that exchange rate movements, particularly the depreciation of the rupee against major currencies, also influenced the valuation of external liabilities in US dollar terms.

Foreign liabilities declined mainly due...