 "RBI policy depends on new CPI, realty data")
Hong Kong: The Reserve Bank of India (RBI) will watch the newly introduced consumer price index as well as property sector data for determining its stance on interest rates, a deputy governor of the RBI said on Friday.
[caption id=“attachment_253343” align=“alignleft” width=“380” caption=“Subir Gokarn said a low fiscal deficit would help in bringing down interest rates”]  [/caption]
Speaking at an investor conference in Hong Kong, Subir Gokarn also said a low fiscal deficit would help in bringing down interest rates and boosting investments.
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