Foreign Outflows

HDFC Ltd will merge into HDFC Bank, and the merged entity will be called HDFC Bank. Merger is imminent in July. MSCI has recently changed the calculation for direct investment limit for banks, called ‘foreign room’, prompting…

Even as the rupee has fallen over Rs 5 in the current calendar year so far and foreign investments have been witnessing a continuous outflow for the past few weeks, the RBI has recently introduced a slew of measures to attract foreign…

<!-- -->Foreign funds' ownership in domestic equities fell to pre-Covid lows in MarchMumbai: Foreign funds' ownership in domestic equities fell to pre-Covid lows and hit a multi-year low of 19.5 per cent in March this year in NSE500…