RBI monetary policy review: Key highlights

Key short term lending rate (repo rate) kept unchanged at 7.25 percent.

RBI maintains status quo; lowers growth forecast to 5.5%

Presently, the short-term lending (repo) rate, or the rate at which RBI lends to banks, is at 7.25 percent, while the cash reserve ratio (CRR) is at 4 percent.

RBI may keep rates unchanged in its policy review today

Hinting at status quo on policy rates, the RBI Monday said its immediate focus is to stabilise rupee and made a case for calibrated action to contain the current account deficit, which is a major reason for the steep fall in currency.