(Bloomberg) -- Overseas investors are warming up to Indian equities again as a $32 billion funding plan for state-owned banks and a surprise rating increase from Moody's Investors Services burnish the appeal of the $2.2 trillion market. Net inflows of $2.4 billion so far this month are set to be the highest since March. Foreigners pared their holdings in August and September amid data showing a soft patch in economic growth.
To contact the reporter on this story: Ravil Shirodkar in Mumbai at rshirodkar@bloomberg.net.
To contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Vivek Shankar
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