Second Bi-monthly Monetary Policy Statement issued by RBI

Reserve Bank of India issued its Second Bi-monthly Monetary Policy Statement, 2015-16. According to the statement 
1.Short-term lending rate or Repo rate has been cut by 0.25 percent to 7.25 percent.
2.The Reverse Repo rate under the LAF stands adjusted to 6.25 percent, 
3.The Marginal Standing Facility (MSF) rate and the Bank Rate to 8.25 percent.
5.Cash Reserve Ratio has been kept unchanged at 4 percent. \
6.Statutory Liquidity Ratio is retained at 21.5 percent. 
7.Inflation is expected to rise to 6 percent by January 2016. Growth forecast has been lowered to 7.6 percent for 2015-16 from 7.8 percent projected in April 2015