Tag: External debt

India’s external debt rises $58.4 billion to $529.7 billion on commercial borrowings

NEW DELHI: India’s external debt stood at Rs 529.7 billion at the end of March 2018, recording an increase of Rs 58.4 billion year-on-year, primarily on account of a rise in commercial borrowings, short-term debt and non-resident Indian (NRI) deposits, the RBI said on Friday. The increase in the magnitude of external debt was partly […]

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