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Indian companies invested $1.25 bln overseas in August, up from $1.12 bln in July - RBI

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Reuters MUMBAI

MUMBAI (Reuters) - Indian corporates invested $1.25 billion overseas in August, higher than $1.12 billion in July but sharply lower than $2.47 billion a year ago, according to data released by the Reserve Bank of India on Thursday.

Overseas direct investments in August included equities of $207.39 million, loans of $303.48 million and $742.80 million in bank guarantees, the RBI said.

(Reporting by Suvashree Dey Choudhury; Editing by Subhranshu Sahu)

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First Published: Sep 11 2014 | 4:12 PM IST

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