Tags: Monetary policy , RBI , Mumbai

Mumbai: The Reserve Bank Of India today unveiled its annual monetary policy. The following are the highlights of RBI's annual monetary policy, unveiled by Governor D Subbarao today: RBI cuts repo rate by 25 basis points to 4.75 per cent. RBI slashes reverse repo rate by 25 basis points to 3.25 per cent.

The cash reserve ratio retained at 5.0 per cent. RBI expects GDP growth for 2009-10 at around 6.0 per cent. Inflation pegged at 4 per cent by end-March 2010. Inflation for medium term expected to be 3 per cent. Statutory liquidity ratio unchanged at 24 per cent. Bank rate unchanged at 6 per cent.

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