'India is the first choice for investment amidst global uncertainties', RBI Governor said- investors will get full help:

RBI On Investment In India: Amid uncertainties in the global market, Reserve Bank of India (RBI) Governor Sanjay Malhotra has asked the US industry to invest in India. He stressed that India remains the fastest growing major economy with policy stability and certainty. Along with this, he said that with a better balance sheet, adequate cash and capital buffer, India's banking sector is fully prepared to meet the investment needs of the industry.

On Friday, Malhotra said at an event of Confederation of Indian Industry (CII) and US India Strategic Partnership Forum (USISPF) that despite increasing uncertainty and volatility in the global financial markets, India is expected to grow at 6.5 per cent during the current financial year.

Banking sector ready to help the industry

The RBI governor further said that at a time when many advanced economies are facing economic challenges and deteriorating economic scenario, India is showing strong growth and stability. In such a situation, it has become a natural choice for investors looking for long-term value and opportunity.

He said that India remains an economy supported by "monetary, financial, political and policy stability, a favourable business environment, and strong macroeconomic fundamentals." The RBI governor further said that we have an opportunity to shape the future together - not just for India but for a better world. I invite you to be a part of this journey, collaborate, innovate and invest in India.

better opportunity to invest

Sanjay Malhotra further said that foreign investors continue to have confidence in India and this is also indicated by the increase in gross foreign direct investment coming into the country. He said that from April 2024 to February 2025, gross foreign direct investment in India increased to $ 75.1 billion, which was about $ 65.2 billion in the same period a year ago. Along with this, RBI also expected the domestic economic growth rate to be 6.5 percent.

The RBI governor said that this is less than in recent years. It is not as per India's expectations but it is the fastest growth rate compared to major global economies.