Indian overseas investment in April rises to $5.58 billion

Overseas direct investments by Indian corporates rose to $ 5.58 billion in April from $ 5.23 billion in the previous month, according to data released by the Reserve Bank of India. The investments include equity, loans and bank guarantee issued. Total overseas direct investments from India in April comprised of $ 1.15 billion in equity, $ 268.16 million in loans and $ 4.16 billion in guarantees. In April 2013, the total overseas financial commitment was much higher $15.24 billion.

Medaram Jathara

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