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RBI Bulletin reaffirms India’s economic resilience; IMF, OECD raise growth outlook
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RBI October Bulletin reaffirmed India’s growth resilience as IMF and OECD raised 2025 GDP forecasts to 6.
India’s October RBI Bulletin highlighted continued economic strength supported by robust domestic demand, easing inflation, and steady capacity utilization. The IMF lifted India’s 2025 GDP growth forecast to 6.8%, while OECD upgraded its view to 6.7%. RBI Governor Sanjay Malhotra cited rationalized GST rates and ongoing price stability measures as key enablers. Economists believe balanced monetary policy and healthy credit growth will sustain expansion despite global headwinds and fiscal tightening pressures.