New Delhi: Following are the highlights of RBI's bi-monthly monetary policy statement:
* Short-term lending (Repo) rate unchanged at 8 percent
* Cash reserve ratio (CRR) unchanged at 4 percent
* Statutory Liquidity Ratio retained at 22 percent to unlock banking funds
* GDP growth for current fiscal estimated at 5.5 percent
* Projects retail inflation at 6 percent by March 2015-end
* Projects retail inflation to lower in November, rise again in December
* Says change in monetary policy stance at the current juncture is premature
* Hints at lowering policy rate early next year if fiscal, inflation conditions improve
* Weak revenue realisation a threat to fiscal deficit target
* Next bi-monthly policy statement on February 3