MUMBAI, India, July 15 -- Reserve Bank of India issued the following press release:

Preliminary data on India's balance of payments (BoP) for May 2026 are presented in the following table.

Major Items of India's Balance of Payments (US$ billion) Item May 2025 PR May 2026 P April-May 2025 PR April-May 2026 P A. Current Account (Net) [A.1 to A.4] 0.7 -2.0 -4.1 2.8 A.1 Merchandise (Net) [a-b] -22.6 -27.9 -49.7 -55.9 a. Exports 38.7 46.1 77.4 90.7 b. Imports 61.3 74.0 127.1 146.5 A.2 Services (Net) [a-b] 15.8 15.7 31.7 34.3 a. Exports 32.5 33.4 65.3 70.4 b. Imports 16.7 17.6 33.6 36.1 A.3 Transfers (Net) 10.5 13.6 20.0 29.6 A.4 Income (Net) -3.0 -3.4 -6.0 -5.2 B. Capital Account (Net) [B.1 to B.6] 3.7 -2.4 9.0 -13.8 B.1 Foreign Direct Investment (Net) [a-b] 0.9 -0.1 2.5 6.5 a. In India (Net) 3.6 2.4 8.6 13.8 b. Abroad (Net) 2.7 2.4 6.1 7.3 B.2 Foreign Portfolio Investment (Net) [a-b] 1.3 -4.7 -0.8 -12.0 a. In India (Net) 1.6 -4.5 -0.2 -11.3 b. Abroad (Net) 0.3 0.3 0.6 0.7 B.3 External Commercial Borrowings (Net) [a-b] 2.4 0.1 4.1 0.8 a. To India (Net) 1.5 2.1 3.0 2.3 b. By India (Net) -0.9 1.9 -1.2 1.6 B.4 Short-term Credit to India (Net) -0.4 3.2 -0.4 3.9 B.5 Banking Capital (Net) -1.6 -1.1 1.6 -4.7 of which: NRI Deposits (Net) 1.1 0.6 1.9 1.3 B.6 Other Capital (Net) 1.2 0.2 1.9 -8.2 C. Overall Balance (A+B) 4.4 -4.4 5.0 -11.0 D. Monetary Movements [Increase - / Decrease +] -4.4 4.4 -5.0 11.0 PR: Partially Revised; and P: Preliminary. Note: 1. Errors and omissions are included under 'Other Capital'.

2. Total of sub-components may not tally with aggregate due to rounding off. (Brij Raj)

Chief General Manager

Press Release: 2026-2027/681

Disclaimer: Curated by HT Syndication.