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    <description>The MPC reduced the policy repo rate by 25 basis points to 6.00 per cent, adjusted the reverse repo to 5.75 per cent and the MSF and Bank Rate to 6.25 per cent, and maintained a neutral monetary policy stance to pursue the CPI inflation target of 4 per cent ( 2 per cent) while supporting growth, with the decision grounded in assessments of global slowdown, domestic demand moderation, subdued food and fuel inflation, liquidity developments, and revised inflation and growth projections for 2019-20.</description>
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