Fri, Mar 31, 2017
India`s end-December external debt fell by $29 billion to $456.1 billion from end-September, largely driven by a decline in long-term debt, the finance ministry said on Friday. The fall in Non-resident Indian deposits reflected Foreign Currency Non-Repatriable (B) deposits redemption.
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Mon, Sep 19, 2016
“India’s external debt has remained within manageable limits in 2015-16 as indicated by the increase in foreign exchange reserves to debt ratio to 74.2%, the external debt-GDP ratio of 23.7%, and fall in short term debt to 17.2%, said Department of Economics.
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