RBI: Better Liquidity Driving Strong Credit Growth Across India

India's economy is demonstrating resilience despite ongoing global uncertainties and geopolitical tensions, according to the Reserve Bank of India. Improved liquidity conditions in the financial system have supported robust credit growth nationwide. The country's external sector remains stable, bolstered by steady foreign investment inflows. Both rural and urban demand are holding up well, signaling broad-based economic activity. However, retail inflation rose slightly in June, primarily due to higher food and fuel prices.