Reserve Bank of India`s (RBI) governor Duvvuri Subbarao (L) speaks as deputy governor Rakesh Mohan watches during a news conference in Mumbai December 6, 2008
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Reserve Bank of India`s (RBI) governor Duvvuri Subbarao (L) speaks as deputy governor Rakesh Mohan watches during a news conference in Mumbai December 6, 2008. India`s central bank on Saturday slashed its key short-term interest rates by 1 percentage point to boost growth and shore up investor confidence amid signs of economic slowdown and in the wake of deadly attacks in Mumbai. (Reuters Photo)