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Following are the highlights of the

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Press Trust of India Mumbai
Following are the highlights of the

RBI's sixth bi-monthly monetary policy statement:

* Repo rate unchanged at 6.75 pc;

* Cash reserve ratio or CRR unchanged at 4 pc;

* Marginal standing facility rate and Bank Rate at 7.75 pc;

* Policy to remain accommodative if fiscal side helps;

* Reforms in Budget to create space for rate cut;

* Expects FY17 inflation at around 5 pc;

* Indian economy is being viewed as a beacon of stability;

* Pegs FY16 growth at 7.4 pc; FY17's at 7.6 pc;

* RBI to create a special ecosystem for startup funding;

* Prospects for the rabi harvest are improving slowly;
 

* First bi-monthly monetary policy for 2016-17 on April 5.

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First Published: Feb 02 2016 | 11:48 AM IST

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