New Delhi, June 30 -- India witnessed a strong increase in its overseas financial assets during the financial year 2024-25, mainly driven by higher overseas direct investments, currency and deposits, and reserve assets, according to the latest data released by the Reserve Bank of India (RBI).
The data also highlighted that more than 72 per cent of the total growth in India's foreign financial assets came from these three components, with reserve assets alone accounting for over 54 per cent of the increase.
Currency and deposits, along with direct investments, also contributed significantly to the overall growth in overseas assets held by Indian residents.
RBI stated, "Over 72 per cent of the rise in India's overseas financial assets wa...
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