The automobile sector witnessed the highest outflows in the second-half of the month as these investors dumped shares worth ₹3,279 crore after selling to the tune of ₹690 crore in the first-half of the month. In 2024, foreign investors pulled out over ₹16,000 crore from the sector.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an