November sees 31% decline in India`s Outward FDI: RBI data
The Reserve Bank of India (RBI) in its latest data report has showed that India’s outward foreign direct investment (OFDI) commitments declined 30.82% to $2037.07 million in November 2025, from $2944.45 million in November 2024. Sequentially also, they were down from $3682.29 million in October 2025.
Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans and guarantees. According to the RBI’s report, equity commitments surged 10.46% to $978.36 million in November 2025, compared to $885.74 million a year ago. They stood at $2193.02 million in October 2025.
Debt commitments decreased 70.24% to $286.40 million in November 2025, from $962.43 million in November 2024. They were also lower than $845.17 million recorded in October 2025. Further, guarantees for overseas units fell 29.55% to $772.31 million in November 2025, from $1096.28 million a year ago.
