RBI measures boost FY27 balance of payments outlook
after close1 source ↓written by the desknot a recommendation
- in FY27
- $50 billion surplus
- to remain
- 1% of GDP
- in foreign currency
- $57 billion
- by the end
- $85 billion
India's balance of payments (BoP) is projected to reach a $50 billion surplus in FY27, with the current account deficit (CAD) expected to remain at 1% of GDP. This positive outlook is driven by robust inflows from the RBI's FCNR(B) deposit scheme, which has already attracted $57 billion in foreign currency deposits. The report from SBI Research indicates that total inflows could reach $85 billion by the end of August, enhancing India's external economic stability.
Not investment advice. For informational purposes only.