RBI Says Indian Economy Remains Resilient Despite Global Uncertainty
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RBI Says Indian Economy Remains Resilient Despite Global Uncertainty
The Reserve Bank of India (RBI) has stated that the Indian economy continues to remain resilient despite ongoing geopolitical tensions and global economic uncertainty. In its latest State of the Economy report, the central bank highlighted strong domestic demand, improving liquidity, and steady foreign investment inflows as key strengths.
The RBI noted that industrial production and the services sector continue to support economic growth, while the country's external sector has remained stable. Officials added that improving liquidity in the banking system is helping maintain healthy credit growth for businesses and consumers.
However, the central bank cautioned that global supply-chain disruptions, volatile energy prices, and geopolitical conflicts remain important risks that could affect the economic outlook in the months ahead.