HIGHLIGHTS - RBI starts exiting easy policy

MUMBAI (Reuters) - The Reserve Bank of India (RBI) on Tuesday began tightening policy by ending some special liquidity support measures taken to mitigate the impact of the global crisis, but left key policy rates unchanged.

The RBI left its growth forecast for the fiscal year ending March 2010 at 6 percent with an upward bias, but raised its end-March projection of WPI inflation to 6.5 percent, with an upward bias.

Following are highlights from the quarterly review:

POLICY STANCE:

* Repo rate unchanged at 4.75 percent

* Reverse Repo rate unchanged at 3.25 percent

* Cash reserve ratio unchanged at 5.0 percent

* Effective immediately, it ended a special repurchase facility for banks and another for the funding needs of non-bank financial companies, mutual funds and housing finance companies.