RBI monetary policy

A very safe move by RBI on monetary policy today, RBI changed the REPO rate by 0.25% to 7.25%, Reverse Repo Rate changed to 6.25% and CRR remains unchanged to 4.0%

Market, investors and many experts  were anticipating cut in Repo Rate by 0.25 %-0.50 % & CRR cut of 0.25%; & accordingly as per expectation RBI gave cuts to only REPO rates with keeping in view on inflation at 5.50 %. 

As of now India's economic numbers are as under - 

• REPO RATE - 7.25 % (changed)
• Reverse Repo - 6.25 % (changed)
• Cash Reserve Ratio - 4.00 % (unchanged)
• GDP Forecast - 5.70 % (changed)
• Inflation Wholesale Price Index Forecast (Mar 14) - 5.50 % (changed)
• Current A/c Deficit to GDP - 5.6 % (Unchanged)
• Statutory Liquidity Ratio - 23.00 % (Unchanged)
• Credit Growth - 17.00 % from 16.00 % (Unchanged)
• Market Stabilisation scheme - 8.25 % (changed)