RBI Warns: External Pressures Could Dampen India’s Growth
External pressures could dampen India’s growth outlook, according to RBI Governor Sanjay Malhotra. Despite strong domestic drivers and fundamentals, spillovers from external challenges and weather-related events pose a risk, Malhotra stated on Monday in the foreword to the central bank’s half-yearly Financial Stability Report.1 Inflation Under Control, Growth Aspirations Remain While acknowledging downside risks to … Read more