Mumbai, June 5 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday revised downward India's GDP growth forecast for the current financial year FY27 to 6.6 per cent from the 6.9 per cent projected in the April monetary policy review, citing heightened global uncertainty arising from the ongoing conflict in West Asia.

Announcing the outcome of the Monetary Policy Committee (MPC) meeting, the Governor said the evolving geopolitical situation, disruptions in global supply chains, volatility in financial markets and weather-related risks have increased downside risks to the domestic growth outlook.

"Real GDP growth for this year is now projected at 6.6 per cent. You know we projected 6.9 per cent. Of course, there is huge uncer...