RBI Governor cautions high inflation as major concern

Mumbai, June 22

RBI Governor Shaktikanta Das has cautioned that continued high inflation is a major concern for the economy, even as economic activities are gaining traction while voting for a 50 basis points hike in key interest rate to check price rise earlier this month, as per minutes of the meeting released by the central bank on Wednesday.

The six-member Monetary Policy Committee, headed by Das, had announced its decision on June 8.