Back to Career News

FDI Surged by 18% in FY18: RBI

January 30, 2019

FDI Surged by 18% in FY18: RBI
According to the data shared by the Reserve Bank of India (RBI), Foreign Direct Investment (FDI) increased by 18% to ₹28.25 lakh crores during the financial year 2017-18. 

The central bank shared the data on “Census on Foreign Liabilities and Assets of Indian Direct Investment Companies, 2017-18” and said that around 24,065 companies showed interest in the latest round of the census and that the manufacturing sector has the majority share in the total investment. It also said that Overseas Direct Investment (ODI) by Indian companies increased to ₹5.28 lakh crores thereby recording a 5% growth.

Image Source

Recommended for you ...

Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners
Axis Bank and Mastercard Launch Premium Credit Card for Small Business Owners

September 26, 2024

Banks Report Over 15% Growth in New Credit Card Additions: RBI Data
Banks Report Over 15% Growth in New Credit Card Additions: RBI Data

September 26, 2024

National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank
National Company Law Tribunal (NCLT) Approves Merger of IDFC and IDFC First Bank

September 25, 2024

Chat on WhatsApp