India's external debt stood at $663.8 billion at end-March, marking a $39.7 billion rise from its level at the end of March 2023, according to the Reserve Bank of India's statement on Tuesday. Excluding valuation effects, the increase in external debt would have been $48.4 billion instead of $39.7 billion. However, despite the increase, India's external debt-to-GDP ratio decreased to 18.7 per cent by the end of March 2024, down from 19 per cent at the end of March 2023. This ratio encompasses both government and non-government debts. Читать дальше...