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 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.
© 2025