Duvvuri Subbarao, governor of the Reserve Bank of India (RBI), speaks during a news conference in Mumbai, India, on Tuesday, Jan. 29, 2013. India lowered interest rates for the first time since April and cut the amount of deposits lenders must set aside as reserves, easing policy to aid growth as inflation lenders must set aside as reserves, easing policy to aid growth as inflation cools and the government curbs the budget deficit. Photographer: Dhiraj Singh/Bloomberg via Getty Images Duvvuri Subbarao