Just in: RBI keeps bank rate unchanged at 9 per cent. The repo rate (8 per cent) and the Cash Reserve Ratio (4.25 per cent) remain unchanged. There has been some tightening on the liquidity front due to advance tax outgo. Following this, the banks' borrowing from the RBI has gone up to Rs 1,46,300 crore on Monday, from Rs 64,445 crore on Friday. Experts had said the tight liquidity condition will continue for a while till the government starts spending, and this makes a case for lowering of CRR.