Making a case for lowering of interest rates, Minister of State for Finance Jayant Sinha has said RBI should take into account various factors, including low inflation, while deciding on monetary policy stance.In an interview to PTI, Sinha also stressed on the need to make the Indian exports more competitive by bringing down the cost of capital as also the cost of manufacturing.Stating that the country's economic "growth is not at its potential", Sinha said RBI will certainly look into the factors like negative wholesale inflation and low GDP deflator while "establishing its monetary policy".Reserve Bank is scheduled to announce its next bi-monthly monetary policy review for the current fiscal on September 29, amid rate cut calls from the industry to boost growth rate, which fell to 7 per cent in the first quarter of 2015-16.