Mumbai, June 30 -- India's external debt rose to USD 762.8 billion at the end of March 2026, with the increase largely driven by higher borrowings from the private sector even as the outstanding debt of the general government declined, according to data released by the Reserve Bank of India (RBI).

The RBI data showed that India's external debt increased by USD 26.3 billion over its level at the end of March 2025.

According to the central bank, outstanding debt of the general government decreased during the year, while non-government debt registered an increase, indicating that the rise in external borrowings was primarily driven by corporates, banks and other financial institutions.

It stated "Outstanding debt of the general government...