The Twenty Second Issue of the Annual Publication of India’s External Debt: A Status Report 2015-16 released; India’s external debt stock stood at US$ 485.6 billion at end-March 2016, increasing by US$ 10.6 billion (2.2 per cent) over the level at end-March 2015; The rise in External Debt was due to the rise in long-term debt particularly NRI deposits

The Twenty Second Issue of the Annual Publication of India’s External Debt: A Status Report 2015-16 released; India’s external debt stock stood at US$ 485.6 billion at end-March 2016, increasing by US$ 10.6 billion (2.2 per cent) over the level at end-March 2015; The rise in External Debt was due to the rise in long-term debt particularly NRI deposits https://www.taxtmi.com/news?id=16632 India's external debt stock rose to US$ 485.6 billion at end March 2016, driven mainly by increases in long term debt particularly non resident Indian deposits. Long term borrowings accounted for about 82.8 per cent of total external debt while short term debt declined and its share fell. Macro stability indicators reported a stable external debt profile, with an external debt to GDP ratio in the mid twenties and an improved foreign exchange reserves to debt ratio, and comparative data showing India relatively less vulnerable among developing countries. en-us Tue, 20 Sep 2016 10:11:23 +0530 Tue, 20 Sep 2016 10:12:00 +0530 TaxTMI RSS Generator The Twenty Second Issue of the Annual Publication of India’s External Debt: A Status Report 2015-16 released; India’s external debt stock stood at US$ 485.6 billion at end-March 2016, increasing by US$ 10.6 billion (2.2 per cent) over the level at end-March 2015; The rise in External Debt was due to the rise in long-term debt particularly NRI deposits https://www.taxtmi.com/news?id=16632 India's external debt stock rose to US$ 485.6 billion at end March 2016, driven mainly by increases in long term debt particularly non resident Indian deposits. Long term borrowings accounted for about 82.8 per cent of total external debt while short term debt declined and its share fell. Macro stability indicators reported a stable external debt profile, with an external debt to GDP ratio in the mid twenties and an improved foreign exchange reserves to debt ratio, and comparative data showing India relatively less vulnerable among developing countries. News - Tue, 20 Sep 2016 10:11:23 +0530 https://www.taxtmi.com/news?id=16632