Central bank chief Raghuram Rajan on Indian economy

India's central bank has kept key interest rates on hold but has held out the prospect of a rate cut in the months ahead.

There has been a lot of anticipation about intervention from the Reserve bank of India, given sluggish economic growth and recent sharp falls in inflation.

The central bank has pointed out the Indian government, led by Prime Minister Narendra Modi, has taken steps to revive investment but it will have to do more to accelerate growth.

Sameer Hashmi spoke to the Governor of the Reserve Bank of India, Raghuram Rajan.