The RBI has projected the country’s inflation rate, based on the Consumer Price Index (CPI), at 4.5 per cent for 2024-25 in the backdrop of an above-average monsoon expected this year and easing of supply chain pressures.

Khara said, "The bank's commitment to supporting growth across conventional industries and highlighted the multiplier effect of infrastructure spending on overall investment" Sectors such as batteries, electric vehicles (EVs), and semiconductors are anticipated to drive funding demand in the coming year.