This article was first published 18 years ago

RBI to take steps to check inflation: FinMin

Finance ministry said on Saturday it expects RBI to take monetary measures to help tame the inflation, which has soared a 13-year high of 11.05 per cent.

"We expect RBI to take some monetary measures," Finance Secretary D Subba Rao told reporters in New Delhi.

He said RBI Governor Y V
_arti_inline_advt">
Reddy had detailed discussions with Finance Minister P Chidambaram and later met Prime Minister Manmohan Singh.

However, Rao said that the inflationary pressures are likely to continue for next few months because of base effect.
Source: PTI© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

More From Rediff

Web Stories

Apple TV 4K: 6 Things To Know

Apple TV 4K: 6 Things To Know

HP OmniBook 3 Laptop: What It Offers

HP OmniBook 3 Laptop: What It Offers

World Pasta Day: 10 Elegant Recipes For Pastawallahs

World Pasta Day: 10 Elegant Recipes For Pastawallahs

Moneywiz Live!