Net claims of non‑residents fell by US$ 10.9 billion to US$ 260.5 billion at end‑December 2025.
Asset‑to‑liability ratio improved to 82.1 % in December 2025, up from 81.4 % a quarter earlier.
Indian residents’ overseas financial assets rose US$ 12.8 billion, driven by US$ 7.6 billion outward direct investment and US$ 9.4 billion currency‑deposits.
Reserve assets fell US$ 12.4 billion quarter‑on‑quarter to US$ 687.7 billion but grew 8.2 % year‑on‑year; debt liabilities share rose to 55.3 %.