Indian economy sailing smoothly on strong macroeconomic fundamentals, stable financial system: RBI Governor
New Delhi, November 14, 2024.
In the current challenging global environment, the Indian economy continues to remain strong led by robust macroeconomic fundamentals, a stable financial system and an resilient external sector, Reserve Bank of India’s Governor Shaktikanata Das said on Thursday.
“Amidst headwinds and contradictions, the Indian economy is sailing through smoothly powered by buffers like strong macroeconomic fundamentals, stable financial system and resilient external sector,” Das said in his address at a CNBC TV18 event.
The RBI’s endeavour has been to seize every opportunity to further strengthen the country’s fundamentals through prudent and proactive policy approaches. The focus has been to maintain financial stability, which breeds growth and prosperity, he said....
