RBI Governor Sanjay Malhotra says India must push 'frontiers of truth' amid choppy global environment

Reserve Bank of India (RBI) Governor Malhotra on Monday said the world economy is facing a challenging phase marked by persistent trade frictions, heightened uncertainty and geopolitical tensions. Speaking at the FIBAC 2025- 'Charting new frontiers' event, Malhotra stressed the importance of monetary policy in maintaining stability while supporting growth. “We are now at a critical juncture as we navigate a choppy global environment characterised by heightened trade uncertainty and persisting geopolitical tensions. We need to push the frontiers of truth. We must step up our efforts to address the emerging challenges, and at the same time, seize the opportunities that are coming our way,” Malhotra said. The Governor’s remarks come at a time when global markets are under pressure from slowing growth in advanced economies, prolonged conflicts in key regions, and supply chain disruptions.The Governor said India’s economic progress must build on the legacy of its freedom fighters. “Generations of freedom fighters gave us India, a Swatantra Bharat, we need to now work for a Samriddh Bharat, a prosperous India,” he said.