Inflation still a matter of concern, feels RBI
Inflationary expectations arising out of high food and oil prices remain a matter of concern, a Reserve Bank of India official said on Tuesday. The prime concern of the RBI is to manage inflationary expectations and “we have to find ways to keep inflation under control,” said RBI executive director RB Barman. The continued pressure of globalisation and the liquidity overhang still poses a serious challenge to ensuring financial stability, Mr Barman added.