The Reserve Bank of India (RBI) has praised the country’s economic resilience despite global uncertainties. In its recent bulletins, it noted that indicators like industrial activity, services growth, GST collections, and digital payments in May show continued strength.

The strong harvest and good monsoon have helped curb inflation, especially in food prices. Headline CPI slipped to a multi-year low, allowing the RBI to ease policy—cutting its repo rate by 50 basis points and lowering reserve requirements for banks. 

A healthy banking and non-banking sector, marked by low bad loans and higher capital buffers, has made the financial system sturdy. This stability supports lending and helps the RBI manage liquidity effectively.

Digital advances, like 24x7 NEFT/RTGS and UPI, have lifted financial inclusion and resilience. These systems have kept payments and fund transfers running smoothly during global shocks. 

Looking ahead, the RBI will likely keep rates moderate and monitor inflation, growth, and global risks. With strong economic fundamentals and steady policy moves, India is poised to stay on a solid growth path even as the world remains uncertain.