MUMBAI: Relying excessively on central banks to bring real growth back is "illusory" as low interest rates would not help overcome the structural imbalances plaguing global economies, Singapore's Deputy Prime Minister and Finance Minister Tarman Shanmugaratnam today said. "It is the fiscal imbalances arising out of negative real interest rates and lack of investments in infrastructure that are holding back the global economy. "Relying too much and too long on central banks, as has been the case since the 2008 crisis, to bring growth back is an illusory measure," Shanmugaratnam, who is also the finance minister of Singapore, said in...