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"rbi-data"
India Inc’s overseas direct investment in June doubles at USD 2.8 bn
India Inc had invested USD 1.39 billion in overseas ventures in the year-ago month
Bank credit grows by 6.63pc, deposits by 12.06pc
In the fortnight ended February 28, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.26 lakh crore, released by RBI showed.
India Inc’s overseas direct investment declines 31 pc
Of the total investment made by Indian companies in foreign markets, $1.36 billion was in the form of loan; $297.37 million comprised as equity investment and the rest of $183.82 million was by way of issuance of guarantee
Forex reserves dip by $290 mn
In the previous week to December 18, the reserves had surged by $2.563 billion to a lifetime high of $581.131 billion
Round-the-clock money transfers now possible
Now, they all are available round-the-clock with RTGS getting offered 24/7 in the second week of December.
Bank credit grows by 5.73 pc , deposits by 11.34 pc
In the fortnight ended December 6, 2019, bank credit had stood at Rs 99.35 lakh crore and deposits at Rs 131.06 lakh crore
Forex reserves touch life-time high
In the previous week ended October 9, 2020, the reserves had increased by $5.867 billion to reach $551.505 billion
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