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Kolkata, Dec.11 India’s growth continues to remain good though it might be lower than what had been forecast for the fiscal, Ms Usha Thorat, Deputy Governor, Reserve Bank of India, said here on Thursday.

Talking about business confidence in India’s growth story, she said though there might be some slowdown in incremental growth this year still the growth rate would continue to remain good. Ms Thorat was speaking at an interactive session with industry experts organised by the Indian Chamber of Commerce.

“Our growth story is good as it is primarily driven by finance from domestic savings, domestic investments and consumption,” she pointed out. However, India was not immune to whatever was happening in the rest of the world.

Banks and borrowers should sit together and discuss the credit issues and risks involved in order to facilitate smooth flow of credit, she indicated.

“In the interest of the banking system and borrowers, it will be good for banks and borrowers to sit together and discuss so that banks can lend without fear,” she said.

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