India’s external debt statistics released by the RBI show that there has been very little addition to external debt by both government and non-government borrowers, with high overseas interest rates and tighter liquidity acting as deterrents. Some concerns are the decline in forex reserve cover for external debt and higher proportion of short-term debt to total debt.
Compiled by Lokeshwarri SK
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.