Indian companies park $2.57 billion overseas in Dec: RBI
MUMBAI (Reuters) - Indian companies directly invested $2.57 billion overseas in December, higher than $2.31 billion a month earlier, data from the RBI showed on Tuesday.
Bank guarantees for such investments rose to $1.38 billion, from $1.37 billion in November, though equities fell to $676.30 million from $713.27 million.
Loans increased sharply to $517.98 million from $225.85 million, the data showed.
(Reporting by Shamik Paul; Editing by Jijo Jacob)
- Tweet this
- Share this
- Digg this
Disarray within the Congress burst into the open on Tuesday after its stunning defeat in state elections, with a senior figure saying the party would lose a general election and needed time in opposition to reinvent itself. Article