The reduction in non-residents' financial assets in India though was relatively lesser at $9.6 billion. : Indian residents' overseas financial assets saw a fall by $43.9 billion during July-September 2022 period, owing mainly due to reduction in reserves assets, according to RBI's report on India's international investment position (IIP) for September 2022, released on Friday. The reduction in non-residents' financial assets in India though was relatively lesser at $9.6 billion. At the same time, an increase was seen in trade credit, currency and deposits as well as overseas direct investment, the report said.