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RBI lowers growth forecast to 7.2 pc for FY23 amid geopolitical uncertainty

Mumbai: The Reserve Bank on Friday slashed economic growth projection to 7.2 per cent for the current fiscal from 7.8 per cent estimated earlier amid volatile crude oil prices and supply chain disruptions due to the ongoing Russia-Ukraine war. Unveiling the first bi-monthly monetary policy review of the current fiscal, RBI Governor Shaktikanta Das said external […]