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Dec 01, 2020

FPI inflows in October and November witness a significant resurgence

The Indian growth story continues to expand and it is  demonstrated by the trends in FPI, FDI and Corporate Bond Market flows. The trends indicate and underline the beliefs of investors in the strength and resilience of Indian economy. Ministry of Finance in a statement said that the last two months, October and November 2020, have witnessed a significant resurgence in Foreign Portfolio Investment-FPI inflows. It was  driven primarily by equity inflows resulting in the highest ever FPI inflows for a month for India. As of 28th November 2020, FPI inflows stood at 62 thousand 782 crore rupees . Of this, equity inflows amounted to 60 thousand 358 crore  rupees while FPI net investment in debt and hybrid was to the tune of 2,424 crore rupees.

The Ministry said, total Foreign Direct Investments (FDI) inflows into India during the second quarter  from July to September of this financial year have been  28 thouand 102 million US dollar , out of which FDI equity inflows were 23 thousand 441 million US dollar.

The Ministry said, FDI equity inflows has  touched over 30 thousand  million dollar up to September 2020 in 2020-21-which is 15 per cent  more than the corresponding period of 2019-20.

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