×

Indian companies park $1.4 bln overseas in Sept - cbank

MUMBAI, Oct 8 (Reuters) - Indian companies directly invested $1.4 billion overseas in September, lower than $1.9 billion a month ago, data from the central bank showed on Monday.

Bank guarantees for such investments fell sharply to $653.6 million in September from $1.1 billion in the previous month, while equities and loans also declined to $478.6 million and $226.4 million respectively, the data showed.

(Reporting by Shamik Paul; Editing by Anand Basu)

((neha.dasgupta@thomsonreuters.com)(+91-22-6180-7177)(Reuters

Messaging: neha.dasgupta.reuters.com@reuters.net))

Keywords: INDIA CBANK/INVESTMENT