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FDI companies have witnessed broad-based recovery as COVID impact diminishes: RBI

New Delhi [India], March 31 (ANI): Reserve Bank of India (RBI) on Friday released the data related to the financial performance of Foreign Direct Investment (FDI) companies in India during the 2021-22.
The data released was based on audited annual accounts of 2,206 companies, which reported in the Indian Accounting Standards (IndAS) format for three accounting years from 2019-20 to 2021-22.
RBI stated in the release, “The