RBI warns prolonged war could harm global outlook
pre-market1 source ↓written by the desknot a recommendation
The Reserve Bank of India (RBI) cautioned that a prolonged war and high uncertainty would negatively impact the global economic outlook. The RBI emphasized India's strengthened resilience to external shocks, supported by robust macroeconomic fundamentals and diversified crude oil import sources. Close monitoring and proactive measures are essential to mitigate adverse effects on the domestic economy.
Not investment advice. For informational purposes only.