India Inc today said the central bank should now focus on boosting investments and economic growth rather than containing inflation.CII said in a statement, India has entered a cycle where high interest rates are leading to subdued demand conditions resulting in lower growth and investment.This in turn is aggravating the supply bottlenecks and adding to inflationary pressures thereby inducing the RBI to hold on to higher interest rates.Expressing concern over the RBI's move, ASSOCHAM said, we seem to have been caught in some kind of vicious cycle which is taking a huge toll on growth.