India's total external debt rose to 376.3 billion US Dollar as of December end last year, up by 8.9 per cent since March on account of long-term and short-term components. An official statement said, increase in long-term debt, which accounted for 75.6 per cent of total external borrowings, was mainly on account of NRI deposits and commercial borrowings, while short-term debt stood higher due to trade related credits.