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India's external debt as of September at US$365 bil., up 5.8% from MarchThe Statesman/Asia News Network At end-September 2012, India's total external debt stood at US$365.3 billion, recording an increase of about US$20 billion (5.8 percent) over the level at end-March 2012.
January 2, 2013, 12:23 am TWN The rise in external debt is largely due to higher Nonresident Indians (NRI) deposits, short-term debt and commercial borrowings, according to official data released yesterday. The long-term debt was US$280.8 billion at the end of September 2012, showing an increase of 5.1 percent compared to the level at the end of March 2012, while short-term debt increased by 8.1 percent to US$84.5 billion. |
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