‘Third largest economy in coming years’: RBI Governor Sanjay Malhotra highlights India’s resilience cites ‘unprecedented’ challenges; here’s what he said

RBI Governor Sanjay Malhotra highlighted India's robust macroeconomic fundamentals and strong post-pandemic recovery at the FIBAC conference. He noted the economy's impressive growth, contained inflation, and a healthy external sector with sufficient foreign exchange reserves. Malhotra emphasized the importance of balancing regulation with growth to navigate the global economic environment effectively.