India’s overseas investment drops sharply as guarantees slide 77%
- India's overseas investment commitments fell 37% to $4.34 billion in September from $6.87 billion in August.
- Guarantees issued by Indian companies for overseas investments plunged nearly 77% to $528.21 million in September.
- Equity commitments declined around 20% to $3.27 billion, while overseas loan commitments rose to $549.16 million.
- Falling guarantee commitments contributed significantly to the overall decline in India's overseas investment commitments during September.
Source: moneycontrol.com
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