ICICI Bank warns India's Balance of Payments may turn negative due to rising foreign investment outflows.

ICICI Bank's report indicates that if Foreign Portfolio Investment (FPI) outflows continue at current rates, India's Balance of Payments (BoP) will likely be neutral for the 2024-2025 financial year. However, the widening current account deficit and rising FPI outflows could push the BoP into negative territory. The report emphasizes the need to monitor capital flows and trade balances closely.

3 months ago
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