Amid the rising inflation in the country, former RBI Governor Raghuram Rajan on July 30 in Raipur, said that the increasing RBI interest rate will help in reducing the inflation in the country. “At present, there is inflation all over the world. RBI is increasing interest rates which will help in reducing inflation. Most inflation is in food and fuel. As we can see food inflation is coming down in the world and will decrease in India also,” the former RBI Governor said.