The RBI has introduced a stricter current account framework effective from 1 April 2026, tightening controls for businesses with borrowing of Rs 10 crore or more. Only lenders holding at least 10% of ...

We estimate shocks that explain most of the variation in the current account at business cycle frequencies and over the long run. We then explore, using a standard open-economy macro model, which ...

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Since 2002, the U.S. has seen the emergence of twin deficits—that is, a growing budget deficit along with a growing current account deficit, which reflects increasing U.S. borrowing from abroad. To ...

There can be several good reasons to switch your current account. These might include a welcome bonus for new customers and continued rewards or cashback on spending, or simply just improved customer ...