RBI concerned over inflation

The governor of the Reserve Bank of India is believed to have told money market dealers that it is concerned about the capital flows into the country, reported CNBC-TV18 on Tuesday 10 April.

At a customary pre-credit policy meeting with market participants, the Governor is believed to have said,"We are in an era of confusing realities and the central bank is under terrible pressure."

Besides the capital flows, the Governor is also believed to have stressed on "the need to keep inflation expecta