India's outward direct investment slows in September

Reuters

MUMBAI (Reuters) - India's outward direct investment in September slowed to around $1.3 billion from $1.9 billion in August, according to data released by the Reserve Bank of India on Thursday.

Outward direct investments comprise equity, bank guarantees and loans. In September 2012, it was $1.6 billion.

(Reporting by Suvashree Dey Choudhury; Editing by Prateek Chatterjee)

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