Guarantees issue decline by 48.1%
Overseas direct investments from India declined by 11.4 per cent to USD 1.1 billion in June 2017. Outward FDI from India touched a nine-year low. This fall in outward FDI was on the back of a sharp 48.1 per cent decline in guarantees issued. On the other hand, equity held increased by 47.3 per cent to USD 568.3 million, while loans disbursed during the month rose by 10.6 per cent to USD 161 million.