LATEST RBI NEWS UPDATE
<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-8619641663381907" crossorigin="anonymous"></script> TODAY'S 🇮🇳 INDIAN NEWS FROM RBI Positioned as Stability Anchor Despite global turbulence , Malhotra emphasized India's resilience , describing the country as an " anchor of stability in a volatile world ". He cited strong foreign exchange reserves exceeding $700 billion, low inflation since February, a narrow current account deficit , and robust balance sheets among banks and corporations .[1][2][3][4][5] News The RBI this week kept its benchmark repo rate unchanged at 5.5% while revising growth projections upward to 6.8% from 6.5% and lowering inflation forecasts to 2.6% from 3.1%. Malhotra expressed confidence that India can sustain 7-8% growth, contrasting the nation's stability with fragility seen across advanced economies .[5][6][7][1] "This is to be attributed to ...