(Graph 2) More generally, we are in an unusual environment where monetary policy settings in the four major economic regions – the US, China, Europe and Japan – are moving in divergent directions. It is an extreme environment that both markets and policy makers are operating in, where the balance sheets of major central banks are at an unprecedented size.
Trend of using SPV or M&A route for investments abroad Indian companies going for overseas investments have largely used either their overseas locally-incorporated subsidiaries or have set up holding companies and/or special purpose vehicles (SPVs) in offshore financial centres or other regional financial centres.