Reserve Bank of India (RBI) Governor Sanjay Malhotra at IMF meet. (Source: PTI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Reserve Bank of India Governor Sanjay Malhotra said on Wednesday that though higher US tariffs will have some impact, they are not a matter of huge concern for India's growth.

"India is mostly a domestic driven economy, and while we are impacted by the higher tariffs, it is not a matter of huge concern", Malhotra said while speaking at the International Monetary Fund and World Bank Fall meetings at the IMF headquarters in Washington.

However, he said that early resolution of the tariff problem will bring an upside in the growth projections. Malhotra also met with the Indian team negotiating the trade deal with US counterparts.

The governor also

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