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India's External Debt Hits Record $736.3 Billion

6/28/2025

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Summary

Story summary

India's external debt soared to an unprecedented USD 736.3 billion by March 2025, marking a 10% increase from USD 668.8 billion the year before. This surge includes USD 601.9 billion in long-term debt and USD 134.5 billion in short-term debt, primarily fueled by non-government borrowing from corporations and deposit-taking institutions.

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Story summary

India's external debt soared to an unprecedented USD 736.3 billion by March 2025, marking a 10% increase from USD 668.8 billion the year before. This surge includes USD 601.9 billion in long-term debt and USD 134.5 billion in short-term debt, primarily fueled by non-government borrowing from corporations and deposit-taking institutions.