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Indian companies park $2.57 bln overseas in Dec - cbank
January 15, 2013 / 1:31 PM / 5 years ago

Indian companies park $2.57 bln overseas in Dec - cbank

MUMBAI, Jan 15 (Reuters) - Indian companies directly
invested $2.57 billion overseas in December, higher than $2.31
billion a month earlier, data from the central bank showed on
Tuesday.
    Bank guarantees for such investments rose to $1.38 billion,
from $1.37 billion in November, though equities fell to $676.30
million from $713.27 million.
    Loans increased sharply to $517.98 million from $225.85
million, the data showed.

 (Reporting by Shamik Paul; Editing by Jijo Jacob)

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