<h1>RBI Maintains Repo Rate at 6.25%; Targets 4% Inflation Amid Global Uncertainties and Projected Growth Recovery.</h1> The Monetary Policy Committee of the Reserve Bank of India decided to maintain the policy repo rate at 6.25%, with the reverse repo rate at 5.75% and the marginal standing facility rate at 6.75%. This neutral stance aims to achieve a consumer price index inflation target of 5% by Q4 2016-17 and a medium-term target of 4%. Global growth is expected to improve, but uncertainties remain due to US policies and protectionism. India's GVA growth is projected at 6.9% for 2016-17, with a recovery to 7.4% in 2017-18. Inflation is projected to range between 4.0% and 5.0% in 2017-18.