New Delhi: India is likely to record a balance of payments (BoP) surplus in FY27, supported by stronger capital inflows and higher foreign direct investment (FDI), even as the Reserve Bank of India (RBI) maintained status quo in its latest monetary policy, according to a Kotak Mahindra Mutual Fund report.
The report said higher capital inflows under the RBI's special measures, along with gross FDI inflows of $30.7 billion in the first quarter compared with $26.7 billion a year earlier, are expected to strengthen the country's external position.
