Highlights of RBI's annual monetary policy

 Following are the highlights of the first quarterly review of RBI's annual monetary policy

• Key short-term rates, ratios unchanged
• Repo rate at 4.75%, reverse repo 3.25%
• Bank rate at 6%, CRR 5%
• Growth pegged at 6% with upward bias for 2009-10
• WPI to be negative for a few more months
• Inflation seen at 5% by fiscal-end
• Enough liquidity in the system
• Fiscal deficit remain a challenge
• Large borrowings can crowd out private investment
• Need to push financial sector, governance reforms
• Money supply growth to remain at over 20%