TNPSC Thervupettagam

RBI Report

July 3 , 2021 1244 days 972 0
  • India has reported a current account surplus of 0.9 per cent of GDP in the Financial Year 2021 (FY21).
  • This is as per the data released by Reserve Bank of India (RBI).
  • In 2020, it has reported current account deficit of 0.9 per cent in FY20.
  • Net FDI was USD 2.7 billion during March quarter of 2021 as compared to USD 12 billion in 2020.
  • The Net foreign portfolio investment (FPI) increased by USD 7.3 billion.
  • The Net external commercial borrowings to India decreased to USD 6.1 billion.

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