India's financial and external sectors continue to benefit from a resilient domestic economy, even as geopolitical tensions, weather disruptions and firmer global bond yields weigh on the outlook, the Reserve Bank of India said in its latest bulletin. The central bank's assessment pointed to strong GDP growth, healthy foreign exchange reserves, steady credit momentum and moderate current account pressures, while warning that rising crude oil prices and food inflation could complicate the inflation path ahead.
RBI Bulletin Says India's Economy Is Shielding Financial and External Sectors From Global Turbulence
R
RDU Global Correspondent
BFSI & Fintech Desk
Mumbai, India 55m ago•5 min read
India's financial and external sectors continue to benefit from a resilient domestic economy, even as geopolitical tensions, weather disruptions and firmer global bond yields weigh on the outlook, the Reserve Bank of India said in its latest bulletin. The central bank's assessment pointed to strong GDP growth, healthy foreign exchange reserves, steady credit momentum and moderate current account pressures, while warning that rising crude oil prices and food inflation could complicate the inflation path ahead.
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Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.
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