New Delhi, June 5 -- India is likely to grow at a faster pace than projected by the Reserve Bank of India (RBI), according to Neelkanth Mishra, India's newly appointed Executive Director at the World Bank.

The Reserve Bank of India (RBI) reduced its growth forecast for FY26 to 6.6 per cent from 6.9 per cent and for FY27 to 6.3 per cent from 6.7 per cent in its policy announcement on Friday. Mishra said the RBI's forecast is too conservative, arguing that the underlying economy is performing significantly better than official projections suggest.

Speaking to ANI, the World Bank executive director said internal assessments indicated that the economy grew at nearly 8 per cent during the February-March period.

"I think RBI's forecasts are ...