In his address at the fourth Kautilya Economic Conclave here, Malhotra said policy continuity, institutional resilience and reform momentum have enabled India to avoid major financial crises and remain among the fastest-growing large economies, with inflation projected to return to the RBI's safe zone of 4 per cent by February 2026.

The RBI Governor highlighted the contrast between India and the advanced economies in managing the fallout of the US tariff turmoil and other global economic uncertainties.

"India's macroeconomic fundamentals have continued to remain very strong with low inflation, healthy foreign exchange reserves, a narrow current account deficit, and the very strong balance sheets of banks and corporates," he said.

"It is the combined efforts of the government's policy ma

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