Offshore direct investment from India eases in December on m-o-m and y-o-y basis

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Capital Market
Last Updated : Jan 07 2014 | 11:55 PM IST
Overseas direct investment (ODI) from India came down in December 2013 compared with both m-o-m basis and y-o-y basis. ODI from India slows down to around $1.58 billion in December from $2.28 billion in November, according to the recent data released by Reserve Bank of India.

Offshore investment by Indian companies in December included $383 million in equity, $192 million in loans and $999.59 million in bank guarantees.

Overseas Direct InvestmentMonth Equity Loan Guarantee Issued Total Financial CommitmentNovember 2013 404.2 294.2 1586.51 2284.91December 2013 383.22 192.24 999.59 1575.05December 2012 636.01 515.81 1345.03 2496.85Figures in USD million

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First Published: Jan 07 2014 | 3:04 PM IST