MUMBAI : Amidst an uncertain global macroeconomic and financial environment, the Indian economy is exhibiting resilience and stability with the Gross Domestic Product (GDP) projected to grow at 6.6 per cent in 2024-25. The growth would be aided by the revival in rural consumption, pickup in government consumption and investment and strong services exports said the Reserve Bank of India’s (RBI) Financial Stability Report December 2024 released on Monday.

In his foreword to the Report RBI Governor Sanjay Malhotra wrote, “Notwithstanding the uncertainties shrouding the global macrofinancial ethos as it unfolds . . .