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Ashmore Group’s AUM continued to decline last quarter, pushed down by both negative investment performance of $1.3bn and net outflows of $2.9bn.

In this article, we will list poor countries with substantial debt, and discuss the role of foreign corporations in allievating poverty in these countries. If you want to skip the details, head straight to 10 Heavily Indebted Poor Countries. Heavily Indebted Poor Countries (HIPC) are trapped in a debilitating cycle of debt and poverty, worsened […]

NRI deposits as reflected in debt from "Deposit-taking Corporations, except the Central Bank" increased 6.5 percent in the June quarter to $167 billion from $157 billion a year ago. While outstanding overseas borrowings as reflected in debt from "Non-financial corporations remained flat at $250 billion" remained flat at $ 250 billion over the period. The RBI data also indicated that outstanding debt of the general government decreased, while non-government debt increased at end-June 2023.

The debt rose by about USD 4.7 billion from USD 624.3 billion at March-end.

NRI deposits as reflected in debt from "Deposit-taking Corporations, except the Central Bank" increased 6.5 percent in the June quarter to $167 billion from $157 billion a year ago. While outstanding overseas borrowings as reflected in debt from "Non-financial corporations remained flat at $250 billion" remained flat at $ 250 billion over the period. The RBI data also indicated that outstanding debt of the general government decreased, while non-government debt increased at end-June 2023.