EXTERNAL DEBT ON A RISE

The debt amounted to $67.9 billion at the end of Dec 2020
Multilateral debt registered a growth of 13% from Dec 2019
India's bilateral debt increased by 4% in Dec 2020 as compared to Sept 2020
Debt from IMF touched $5.7 billion in Dec 2020
The debt stood at $5.5 billion in Dec 2019, which grew at a rate of 4.2% YoY
Trade credit decreased by 7% in Dec 2020 as compared to Sept 2020
Commercial borrowings too increased by $1 billion to $207.7 billion
Outstanding NRI deposits increased to $140.5 billion in December 2020 from $137.3 billion in September 2020
Short-term trade credit remained nearly unchanged at $99.6 billion from its September 2020 level
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