India's end-June external debt rises to $482.9 billion - RBI

MUMBAI (Reuters) - India's end-June external debt was at $482.9 billion, up $8.5 billion from March-end, the Reserve Bank of India said in a release on Wednesday.

The increase in the external debt was mainly due to higher non-resident Indian deposits and commercial borrowings, the RBI said.

The share of short-term debt residual maturity to India's forex reserves stood at 51.9 percent from 54.2 percent end-March, the RBI said.

(Reporting by Suvashree Dey Choudhury; Editing by Biju Dwarakanath)