Subir Gokarn: Perspectives on financial sector strategy Keynote address by Dr Subir Gokarn, Deputy Governor of the Reserve Bank of India, at the High Level Panel on Opportunities and Challenges for Financial Services in India and Europe, New Delhi, 20 September 2010. *  *  *  The inputs of B.M. Misra, Pallavi Chavan and Rakhe P.B.
The weak state of the economy, the recent stability of the rupee, as well as the good Kharif and Rabi harvest this year, will generate disinflationary forces that will help, and we await data to see how these forces are playing out. No single data point or number will determine our next move. I think the market understands what we are trying to do.