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rbi: Net claims of non-residents on India rise to USD 379.7 billion in June quarter: RBI

According to data from the Reserve Bank of India (RBI), net claims of non-residents on India increased by USD 12.1 billion to USD 379.7 billion in the June quarter. The rise in net claims was primarily due to an increase in foreign-owned financial assets in India. The data also showed that reserve assets accounted for 64.2% of India s international financial assets at the end of the quarter. The RBI noted that the ratio of India s international assets to international liabilities slightly decreased compared to the previous quarter and the same period last year. ....

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