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RBI Projects Economic Growth At 6.4% For 2023-24

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The RBI on Tuesday projected India's economic growth to slow down to 6.4 per cent in FY24 from 7 per cent in the current fiscal, citing risks from geo-political tension and tightening global financial condition. Announcing the bi-monthly monetary policy, Reserve Bank of India Governor Shaktikanta Das said the RBI's internal survey says manufacturing, services and infrastructure sector firms are optimistic of the business outlook.

Watch: Loan EMIs May Go Up As RBI Announces Sixth Straight Lending Rate Hike - https://youtu.be/QyNEt8q8wFY

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