At ₹81,903.7 crore ($9,491.6 million), FPI outflow in January was the highest since last October which recorded the highest monthly outflow of ₹1.1 lakh crore ($13,556 million), according to data from NSDL. In the primary market, net investment by FPIs slowed to ₹3,877 crore ($448.7 million), the lowest in seven months owing to slower activity in the IPO segment during January amid weakness in the broader market.
NaBFID eyes tieups with multilateral funding agencies
The National Bank for Financing Infrastructure and Development (NaBFID) plans to partner with multilateral funding agencies for blended finance to boost sustainable urban infrastructure development