New Delhi: Former Reserve Bank of India Governor D Subbarao has made some shocking claims in his book where he recalled his stint with the RBI and interaction with the Finance Ministry.

Reserve Bank of India governor D Subbarao today said inflation rate is still at unacceptable levels and efforts should be made to rein in prices further to provide relief, especially, to poor people.

The RBI is facing contradictory expectations, with the government preferring a stronger currency, economists and policymakers ...