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, a Reserve Bank of India (RBI) report stated on Monday. The growth will be complimented by a revival in rural consumption, a pickup in government consumption and investment, and strong services exports, the report further mentioned.

The Reserve Bank has released the December 2024 issue of the Financial Stability Report (FSR), which reflects the collective assessment of the sub-committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and risks to financial stability, news agency PTI reported.