Mumbai, Feb. 20 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra has said global growth is expected to be marginally higher in 2026 despite escalating geopolitical tensions and rising trade frictions, while asserting that India's economy remains resilient with improving growth prospects and benign inflation, according to minutes of the February 4-6 meeting of the RBI's Monetary Policy Committee.

Malhotra had noted that global expansion would be supported by a surge in technology-related investments, conducive fiscal and monetary policies, and accommodative financial conditions.

However, he cautioned that inflation outcomes remain uneven across countries, prompting central banks to follow divergent policy trajectories as they near...