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India: 'Short-term debt till June at $7.9 billion'.
NEW DELHI, Nov. 20. INDIA'S short-term external debt with maturity profile of up to and including one year, stood at $7.9 billion or $7,860 million as at end-June 2000 as per the definition of short-term debt by the Basle-based Bank for International Settlements (BIS).
According to the latest estimate by the central bankers' central bank, this constitutes 34.1 per cent as a percentage of total contractual claims by reporting banks to BIS. While claims on reporting banks to BIS from India for debt of over one year up to two years stood at $1,593 million as on end- June 2000, the claims by other reporting banks for debt over two years stood at $9,340 million.
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