RBI GUV: ECONOMY WELL SETTLED INTO EQUILIBRIUM OF RESILIENT GROWTH

India’s macroeconomic fundamentals have remained very strong, built asiduously over the decades, says Sanjay Malhotra

- AGENCIES NEW DELHI

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said that despite recent odds, the Indian economy seems “well settled into an equilibrium of resilient growth.”

Speaking at the Kautilya Economic Conclave in the national capital, he said India’s macroeconomic resilience and policy consistency have placed it in a strong position.

Talking about the economic resilience of the economy, he said, “Despite changes in government, continuity in reforms momentum, adoption of global best frameworks...-our domestic needs and national priorities, it is the combined efforts of the governments, policy makers, regulators, and regulated entities.