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Eend-Sept external debt at $455.9 bln, up $13.7 bln over March - govt

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Reuters NEW DELHI

NEW DELHI (Reuters) - India's total external debt stood at $455.9 billion at the end of September, up $13.7 billion or 3.1 percent from the end of March, the finance ministry said in a statement on Wednesday.

The rise in external debt during the period was mainly due to an increase in commercial borrowings and deposits mobilised from non-resident Indians, the ministry said in a statement.

The share of India's short-term debt in the total external debt was at $86.4 billion or 18.9 percent as of end-September, the statement added.

(Reporting by Rajesh Kumar Singh; Editing by Sunil Nair)

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First Published: Dec 31 2014 | 2:50 PM IST

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