Reserve Bank of India Governor Sanjay Malhotra said that the Indian economy today is characterised by robust macroeconomic fundamentals. Addressing FIBAC 2025 conference in Mumbai, the Governor said, economy rebounded strongly post-COVID and recorded an average annual growth of around 8 per cent during the last four years. This was due to support of strong domestic demand by both private consumption and fixed investment – amidst challenging global economic conditions .
Highlighting the reviewing system of the regulatory cell, he said the proposed Regulatory Review Cell will review all regulations at least once in 5-7 years.He said RBI is examining measures to expand bank credit and will continue to conduct monetary policy with the objective of price stability, economic growth.