The Central Bank has cut the repo rate by 25 bps. RBI has also kept the CRR unchanged at 4% RBI Cuts repo rate by 25 bps to 6.50%. RBI Keeps CRR unchanged at 4%. Liquidity conditions stressed by Govt's cash Accumulation. Expect CPI Inflation to remain around 5% in 2016-17. Expect economy to grow by 7.6% in FY17.