Tag: NRI

India’s external debt increases 2.63% to $543 billion at March-end: RBI

NEW DELHI: India’s external debt increased 2.6 per cent to $543 billion at end-March 2019, primarily on account of a rise in short-term debt, commercial borrowings and non-resident Indian (NRI) deposits, the RBI said on Friday. The increase in external debt was partially offset by valuation gain resulting from the appreciation of the US dollar […]

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