India's external debt News
The share of short-term debt (original maturity) in total external debt decreased to 18.3 per cent at June-end 2017 from 18.6 per cent at March-end 2017.
Earlier these masala bonds used to be classified under the foreign portfolio investment limit for corporate bonds that stands at Rs 2.44 trillion.
The external debt-GDP ratio fell to 20.2 percent at the end of March 2017 from 23.5 percent at March 2016.
India's external debt edged up by 1.7 per cent during the first six months of the ongoing fiscal to USD 483.2 billion at the September-end, the government said
India's total external debt rose by USD 15.5 billion, or 3.5 percent, to USD 461.9 billion during the six-month period ending December, mainly due to increase in external commercial borrowings and NRI deposits.
External debt to GDP ratio was recorded at 23.2 percent at end-December 2014 compared to 23.7 percent at end-March 2014.
India's external debt stood at USD 455.9 billion in the first six months of the this fiscal, up 3.1 percent from March-end level, according to the Finance Ministry.
India's external debt stood at USD 390 billion in the previous fiscal.
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