<h1>India's Economy to Grow at 6.6% in 2024-25, Boosted by Rural Consumption and Services Exports, Says RBI Report.</h1> The Indian economy is projected to grow at 6.6% in 2024-25, driven by a revival in rural consumption, increased government spending, and strong services exports, according to a Reserve Bank report. The Financial Stability Report highlights the resilience of the financial system, with commercial banks showing strong profitability, reduced non-performing assets, and adequate capital buffers. Despite a slowdown in GDP growth to 6% in the first half of 2024-25, recovery is expected later in the year. Inflation is anticipated to ease due to favorable agricultural outputs, though risks from extreme weather and geopolitical tensions remain.