The following are the other highlights of the RBI's mid-quarter review of the credit policy:
* Marginal Standing Facility thus rises to 8.5%* Other key rates and ratios remain unchanged * RBI says inflation persists at uncomfortable levels
* Central bank says will continue with its anti-inflationary monetary policy.
* Inflation spreading to non-food items a cause of concern, says RBI
* Inflation numbers understate the pressure as fuel prices have yet to reflect global crude oil prices, RBI says
* RBI says global commodity prices moderating, but too early to downgrade this as a risk factor
* Impact of recent monetary policy actions still unfolding, says RBI
* Economic growth outlook remains unchanged at about 8% for the current fiscal
* Forty-five banks raised base rate by 25-100 basis points after the May 3 annual monetary policy.
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