Global Economy Facing Heighted Risks, Indian Economy And Financial System Remains Resilient Says RBI

Reserve Bank released the 29th issue of the Financial Stability Report (FSR) today. The bank noted that the global economy is facing heightened risks from prolonged geopolitical tensions, elevated public debt, and the slow progress in the last mile of disinflation. Despite these challenges, the global financial system has remained resilient and financial conditions stable. The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic and financial stability. With improved balance sheets, banks and financial institutions are supporting economic activity through sustained credit expansion.