The Reserve Bank of India (RBI) maintained a status quo in its sixth bi-monthly monetary review policy announced today. Keeping the rates unchanged, the apex bank has kept its stance on the credit policy accommodative. The Repo rate is the same at 6.75 per cent as in the last credit policy so is the cash reserve rate (CRR) at 4 per cent and the reverse repo rate at 5.75 pc. The RBI sees FY 16 growth at 7.4 per cent with downward bias and FY17 growth at 7.6 percent despite headwinds. The bank sees inflation around 5 percent by FY 16-17 end.