Formal sector's overseas direct investment declines 31 per cent to USD 1.85 billion in February
Formal sector's overseas direct investment declines 31 per cent to USD 1.85 billion in February USD 297.37 million comprised as equity investment and the rest of USD 183.82 million was by way of issuance of guarantee, according to the RBI data. Share Via Email | A+A A- By PTI MUMBAI: India Inc's overseas direct investment fell by 31 per cent to USD 1.85 billion in February this year, the RBI data showed. Domestic companies made investments of USD 2.66 billion in their overseas subsidiaries and joint-ventures in the year-ago month, February 2020. Of the total investment made by Indi...
Source: newindianexpress.com