New Delhi, March 19 -- India's outward foreign direct investment (FDI) declined to USD 2.76 billion in February 2026, down from USD 4.30 billion in the same month last year, according to data released by the Reserve Bank of India (RBI). On a sequential basis, outbound FDI also slipped from nearly USD 3.60 billion recorded in January 2026.

Outbound FDI, measured as financial commitment, comprises three components-equity, loans, and guarantees. Among these, equity commitments saw a sharp moderation, falling to USD 1.11 billion in February from USD 2.61 billion a year ago. Month-on-month, equity flows also declined from USD 1.71 billion in January.

Debt disbursements in the form of loans dropped to USD 714.30 million in February 2026, compar...