The Reserve Bank of India [Get Quote] on Monday said inflationary pressures because of oil and food prices are likely to continue, giving an indication that monetary policy could be tightened further when it comes for review on Tuesday.

"As the potential inflationary pressures from international food and energy prices appear to have amplified and, by current indications, are likely to remain so for some time," the RBI said in its review of Macro and Monetary Development for the first quarter of the current fiscal.