India’s CAD to stay at 1.7% in FY27; BoP to turn surplus: SBI
India’s current account deficit is seen at 1.5-1.7% of GDP in FY27, but recent RBI measures are expected to attract significant foreign inflows, pushing the balance of payments into a surplus of USD 5-10 billion, says an SBI Research report. India’s current account deficit (CAD) is expected to remain in the range of 1.5-1.7 per … Read more