Companies park $1.4bn overseas in Sept: RBI

Indian companies directly invested USD 1.4 billion overseas in September, lower than USD 1.9 billion a month ago, data from the RBI showed on Monday.

October 08, 2012 / 18:54 IST

Indian companies directly invested USD 1.4 billion overseas in September, lower than USD 1.9 billion a month ago, data from the RBI showed on Monday.

Bank guarantees for such investments fell sharply to USD 653.6 million in September from USD 1.1 billion in the previous month, while equities and loans also declined to USD 478.6 million and USD 226.4 million respectively, the data showed.

first published: Oct 8, 2012 05:52 pm

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