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Why sovereign bonds, as a remedy to cure India's fiscal weakness, isn't an exciting idea
Over half of bank deposits contributed by individuals; NRI deposits record highest growth: RBI data
Govt prefers NRI deposits over sovereign bond to support rupee
Why rupee might even touch 65-70 to a dollar
Commercial borrowings, NRI deposits push up external debt to $365.3 bn
The country's external debt stood at $365.3 billion as of September, up $20 billion over March 2012, due to higher commercial borrowings and NRI deposits.
