India's external debt rises 8.2% to $620.7 bn till Mar 2022: FinMin report

While 53.2% of the debt was denominated in the US dollar, Indian rupee-denominated debt, estimated at 31.2%t, was the second largest, as per the status report released by FinMin

India's external debt rose by 8.2 per cent year-on-year to USD 620.7 billion as of March 2022, which according to the finance ministry is sustainable.
 

While 53.2 per cent of it was denominated in the US dollar, Indian rupee-denominated debt, estimated at 31.2 per cent, was the second largest, as per the status report on India's external debt released by the ministry.

"India's external debt continues to be sustainable and prudently managed. As of end-March 2022, it stood at USD 620.7 billion, growing by 8.2 per cent over the level a year ago. External debt as a ratio to GDP