Ashwini Kumar Tewari, MD of SBI, stated that the RBI Monetary Policy is a continuation of previous statements and the growth projection remains strong. He mentioned that the credit growth continues to be strong and there is evidence of growth on the ground in terms of sanctions, disbursements, and new projects. Tewari also highlighted the risks from the external sector, such as geopolitical risks and financial tightening in Western markets. He emphasized that the RBI does not strictly follow the actions of the Fed and takes its own independent stance.
