India’s outward foreign direct investment eased slightly to $4.41 billion in September, down from $ 4.81 billion in the same month last year, according to Reserve Bank of India data. However, on a sequential basis, outbound flows jumped from $2.59 billion in August.

Equity commitments saw a sharp year-on-year rise, nearly tripling to $2.57 billion in September from $828.1 million a year earlier. This was also significantly higher than the $1.0 billion recorded in August.

Equity surges, while loans and guarantees drop

Loan-based FDI fell to $952.3 million in September, compared to $1.21 billion in the same month last year, though it remained above August’s $551.2 million. Meanwhile, guarantees extended to overseas subsidiaries dropped sharply to $892.4 million, down from $2.76 billio

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