
Despite a volatile global economic environment, India's economy is projected to achieve high growth, driven by robust domestic consumption and investment, according to RBI Governor Sanjay Malhotra. In his foreword to the Financial Stability Report, Malhotra emphasized maintaining financial stability and strengthening the financial system. He acknowledged near-term challenges from external spillovers and geopolitical uncertainties but highlighted the economy's resilience, supported by prudent policies, benign inflation, and healthy corporate balance sheets.
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