EXTERNAL DEBT ON A RISE
Front
The debt amounted to $67.9 billion at the end of Dec 2020
Multilateral debt registered a growth of 13% from Dec 2019
Multilateral_video
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
IMF_video
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
For more business news
Click here
End
Related Stories
Earn ₹75K–₹1.5 lakh monthly: Inside Amul’s low-cost ice cream empire
From ₹50,000 to ₹2 lakh: The logistics leap that's making many in small towns rich
₹2K daily, ₹60K monthly: The quiet profit math behind Amul’s franchise boom
'CAM charges, 0 rent': The shocking truth about owning shops in malls in India