<h1>RBI Maintains Repo Rate at 8%, Cuts SLR for Banks to 22% Amid Inflation and Economic Growth Initiatives.</h1> The Reserve Bank of India, led by the Governor, announced in its Third Bi-Monthly Monetary Policy Statement for 2014-15 that the policy repo rate remains unchanged at 8.0%, while the cash reserve ratio stays at 4.0%. The statutory liquidity ratio for scheduled commercial banks is reduced by 50 basis points to 22.0% effective August 9, 2014. Despite easing consumer price inflation, uncertainties such as monsoon effects and geopolitical tensions persist. The central bank aims to sustain disinflation, targeting CPI inflation at or below 8% by January 2015. Financial reforms and liquidity enhancements are ongoing to support economic growth.