Highlights of RBI's third quarter monetary policy review

:: MAIN HIGHLIGHTS ::

* Repo rate unchanged at 7.75%.
* Reverse repo rate unchanged at 6.00%.
* Bank Rate unchanged at 6.00%.
* CRR unchanged at 7.50%.
* Has flexibility to change reverse repo, repo rates.
* CRR unchanged on review of current liquidity situation.
* Retain inflation aim 4.0-4.5% FY08, 3% medium term.
* GDP growth target maintained at 8.5% FY08.