<h1>RBI Maintains Key Rates: CRR at 4.75%, Repo Rate at 8.5% Amid Global and Domestic Economic Challenges.</h1> The Reserve Bank of India (RBI) decided to maintain the cash reserve ratio at 4.75% and the policy repo rate at 8.5% due to ongoing macroeconomic conditions. The reverse repo rate remains at 7.5%, with the marginal standing facility and Bank Rate at 9.5%. The RBI had earlier reduced the CRR to address liquidity deficits. Global economic conditions show modest improvement, but growth in the euro area and emerging economies is slowing. Domestically, GDP growth decelerated to 6.1% in Q3 of 2011-12, with inflation pressures easing slightly. Fiscal deficits and high crude oil prices pose ongoing challenges.