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April-June external debt rises 3% to $485.8 bn: RBI

The external debt to GDP) stood at 20.3% at the end of June quarter

Reuters  |  Mumbai 

Debt, Loan
Photo: Bloomberg

India's April-June rose 3 percent to $485.8 billion from the January-March quarter due to an increase in inflows into debt markets, the said on Friday.

Meanwhile, the to (GDP) stood at 20.3 percent at the end of June, up slightly from 20.2 percent at the end of March, the added.

On a residual maturity basis, short-term debt constituted 41.1 percent of total at the end of June, down from 41.5 percent at the end of March.

First Published: Fri, September 29 2017. 18:47 IST