India’s current account saw a surplus of $13.5 billion in Q4 FY25, a significant turnaround from previous deficits, driven by robust services exports and reduced primary income outgo. While the merchandise trade deficit widened, increased remittances and strong service sector performance contributed to an overall improved current account deficit of $23.3 billion for the entire fiscal year.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.
December 11, 2025