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Rediff.com  » Business » Indian cos directly invested $1.8 bn overseas in May: RBI

Indian cos directly invested $1.8 bn overseas in May: RBI

By Neha Dasgupta
Last updated on: June 14, 2013 15:17 IST
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DollarsIndian companies directly invested $1.83 billion overseas in May, with investments in equities at $318.86 million, and loans worth $291.28 million, data from the central bank showed on Friday.

Bank guarantees for these investments were at $1.22 billion, the data showed.

 

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Neha Dasgupta in Mumbai
Source: REUTERS
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