India's June-end external debt at $482.9 bn: RBI

India's external debt stood at $482.9 billion as of June-end, up 1.8% from March-end, the Reserve Bank of India said.

India's external debt-to-GDP ratio stood at 24% as of June-end, recording an increase of 23.7% over its level at March-end 2015.

"Excluding valuation gains due to appreciation of the US dollar against the Indian rupee and other major currencies, the increase in external debt during the quarter would have been higher at $10.1 billion," RBI said.

The country's ratio of short-term residual debt to forex reserves fell to 51.9% in June-end, from 54.2% in March-end 2015, RBI said.