Mumbai: India's financial and external sectors continue to draw strength from a resilient domestic economy, though escalating geopolitical tensions and weather-related uncertainties remain key downside risks, RBI Bulletin said on Friday.
The escalation of conflict in West Asia in September has led to a sharp increase in crude oil prices, reigniting concerns of further disruption in global supply chains and build-up of inflationary pressures, said the article on 'State of the Economy' published in the latest Bulletin.
