The Reserve bank of India (RBI) today kept the key policy rates unchanged while maintaining an accommodative policy stance. While announcing his last bi-monthly monetary policy review at a meeting in Mumbai, RBI governor Raghuram Rajan said that it has been decided to keep the policy repo rate unchanged at 6.5 per cent. He said Cash reserve ratio (CRR) has been kept unchanged at 4.0 per cent while the reverse repo rate remains unchanged at 6.0 per cent. Going forward, RBI said risks to the inflation target of 5 per cent for March 2017 continue to be on the upside. It said the inflation which climbed to a 22-month high of 5.8 per cent in June continues to be high on factors like food inflation, services and the effect of the seventh pay panel implementation to government employees.