New Delhi: India stands out as an "anchor of stability in a volatile world," RBI governor Sanjay Malhotra said on Friday, citing resilient growth and robust macroeconomic fundamentals.The country has strong forex reserves, low inflation (since February), a narrow current account deficit, and a credible fiscal consolidation path, he noted. Even the balance sheets of banks and corporations are now in good shape, he added. "This is to be attributed to the steadfast attention to ensuring macroeconomic stability, price stability, financial . . .
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