Finance
Mr. BillionhairRBI's Sanjay Malhotra: The Economy is Winning Bigly!
Ladies and gentlemen, RBI's own Sanjay Malhotra and his A-team just blew our minds! They’re talking about government borrowing—net terms only, folks! That’s ₹11.53 trillion! Budget’s huge, but borrowing? Not so fast! Credit growth? A stunning 14 percent! Agriculture? 12 percent! Inflation? Low, very low! The economy? It’s winning like never before! Believe me, folks!
few days ago | BS Reporter
Quick rundown
1.RBI Governor discusses government borrowing strategies.
2.Credit growth in India is around 14% year-on-year.
3.India's external sector is robust with strong trade deals.
4.Inflation remains below target, keeping policy rates low.
5.Monetary policy remains data-dependent with a neutral stance.
