Y V Reddy, Governor, Reserve Bank of India, will present its latest assessment of the Indian economy on Wednesday.

The RBI assessment would come amid euphoria generated by the news that the GDP grew 8.4 per cent during the second quarter ended September 2003.

"I should be able to give the latest assessment on the outlook of the Indian economy on all aspects, including growth, inflation and policy stance tomorrow (Wednesday)," Reddy said on the sidelines of a function hosted by National Institute of Bank Management in Pune.

Reddy is slated to address the FICCI annual general meeting in New Delhi on Wednesday.

Asked about the RBI's earlier projection of 7 per cent growth for fiscal 2003-04, Reddy said, "I hope to give an update tomorrow."