Palaniappan Chidambaram, india's finance minister, speaks during an interview at the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Tokyo, Japan, on Friday, Oct. 12, 2012. Chidambaram called for lower interest rates, saying deepening policy overhauls may boost scope to reduce borrowing costs and revive the nation's economy. Photographer: Tomohiro Ohsumi/Bloomberg *** Local Caption *** Palaniappan Chidambaram
| Tomohiro Ohsumi/Bloomberg
Government revives reform efforts under Chidambaram and sees mutual funds as a vehicle for promoting growth.
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