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    <title>Second Quarter Review of Monetary Policy 2013-14 : Statement by Dr. Raghuram G. Rajan, Governor, Reserve Bank of India</title>
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    <description>The Reserve Bank recalibrated the interest rate corridor by reducing the marginal standing facility rate and raising the LAF repo rate while expanding 7 and 14 day term repos to supply liquidity; banks are urged to mobilise deposits and flexibility in reserve requirements is retained as the central bank monitors elevated inflation risks alongside modest external and domestic growth improvements.</description>
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