02-May-2026
Banking
 
Remittances won’t slow much, BoP comfortable: Poonam Gupta
02-May-2026

India’s balance of payments retains structural strength, with resilient remittances, services exports and FDI inflows, helping offset weaker portfolio flows and cushion the economy against external shocks, Reserve Bank of India deputy governor Poonam Gupta said on Friday. Despite global uncertainties related to the West Asia conflict, Gupta expressed optimism about India’s growth and noted the effective transmission of monetary policy despite bond yield elevations.

News Source:- https://www.financialexpress.com/business/banking-finance/remittances-wont-slow-much-bop-comfortable-poonam-gupta/4224638/?ref=hometop_hp