Advertisement

HindustanTimes Thu,23 Oct 2014

India's external debt at $426 bn at end-Dec: govt

Reuters  New Delhi, March 28, 2014
First Published: 13:47 IST(28/3/2014) | Last Updated: 13:51 IST(28/3/2014)

India's total external debt stood at $426 billion at the end of December, up $21.1 billion or 5.2% from the end of March 2013, the finance ministry said in a statement on Friday.

Advertisement

The rise in external debt during the period was due to an increase in deposits mobilised from non-resident Indians, the statement added.

The share of India's short-term debt in the total external debt was 21.8% as of end-December, the ministry said.


Advertisement
more from Business

HDFC profit rises 7% to Rs. 1,358 cr; revenue up 12%

India’s largest private sector mortgage lender, Housing Development Finance Corp, on Wednesday posted a 7% year-on-year rise in standalone net profit to Rs. 1,358 crore during the second quarter against Rs. 1,266 crore in the year-ago period.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved