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- Net claims of non-residents on India declined by USD 19.8 billion in Q2.
- During the second quarter of the current financial year, the Net claims of non-residents on India stood USD 348.5 billion in September 2024.
- The amount has declined due to a larger increase in Indian residents’ overseas financial assets compared to foreign-owned assets in India.
- Net claims of non-residents on India is the difference between the assets and liabilities held by non-residents in India.
- The inward portfolio investment has reached to USD 16.5 billion and loan to USD 15.4 billion.
- The inward portfolio investment and loan accounted for over two-thirds of the rise in foreign liabilities of Indian residents during this quarter.
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