Economic TimesLean R·
CAD to remain 1.5-1.7% of GDP: SBI research
Mumbai: India's current account deficit (CAD) is expected to remain in the range of 1.5-1.7 per cent of GDP in FY27, but a series of recent measures announced by the Reserve Bank of India (RBI) could help improve the country's external position and push the overall balance of payments (BoP) into surplus, according to a report by SBI Research.The report said the RBI's February and June 2026 measures should be seen as a coordinated effort to strengthen the rupee, attract foreign capital and suppo…
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