New Delhi, Oct. 28 -- India's real GDP growth would have exceeded 8 per cent over the past three years but for external shocks, Reserve Bank of India (RBI) Deputy Governor Poonam Gupta said on Tuesday.

Speaking at the Business Standard BFSI Insight Summit, Gupta noted that India had sustained growth of over 7 per cent despite an unfavourable global environment, adding that an improvement in external conditions could boost growth by 50 basis points to 1 percentage point, PTI reported.

Reforms Have Strengthened Growth Potential

She attributed the economy's resilience to reforms since 1991, stronger institutions, digital infrastructure and greater participation of states in economic development.

"Just based on the strength of that work, ...