RBI measures lift FY27 BoP outlook to over $50 bn surplus, CAD seen at 1%: SBI Research

RBI measures lift FY27 BoP outlook to over $50 bn surplus, CAD seen at 1%: SBI Research

FCNR(B) deposits: In FY27, India is anticipated to enjoy a balance of payments surplus amounting to USD 50 billion, driven by robust foreign currency inflows that are set to greatly benefit the nation's external economic stability. The Reserve Bank of Indias deposit scheme has successfully attracted considerable foreign exchange investments. This initiative's goal is to enhance external liquidity, with forecasts indicating an appreciation of the…

India's CAD may widen in FY27, but capital flows may support Rupee in H2: Report

The private lender noted in its report that India's goods deficit widened sharply to $85.7 billion in Q1 FY27 from $68.9 billion a year ago.

India's dollar-raising blitz cut short on BoP comfort, policy trade-offs, analysts say

RBI Masterstroke: India To Gain 50 Billion Dollars, Rupee Strength To Rise

India's economic landscape is witnessing a significant positive shift as the nation prepares for a substantial increase in its foreign exchange reserves, while according to the latest research report from the State Bank of India (SBI), the country is on track to achieve a remarkable Balance of Payments (BoP) surplus of 50 billion dollars by the end of the financial year 2026-27 (FY27). This surplus, which represents the excess of foreign currenc…

RBI measures strengthen FY27 BoP outlook: SBI Research

India's balance of payments (BoP) is expected to post a surplus of around USD 50 billion in FY27, with the current account deficit (CAD) likely to remain contained at 1 per cent of GDP, as strong foreign currency inflows improve the country's external position, according to SBI Research.