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    <title>Statement by Governor - First Bi-monthly Monetary Policy, 2019-20, April 4, 2019</title>
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    <description>The MPC reduced the policy repo rate while maintaining a neutral stance, citing slowing global growth, subdued domestic demand, and a benign but uncertain inflation outlook; it revised inflation and GDP projections and prioritised measures to spur private investment. The RBI announced regulatory actions to support liquidity and deepen markets, including additional SLR recognition for LCR, a Committee on housing securitisation, a Task Force for a corporate loan secondary market, deferred implementation of external benchmarking for certain retail and MSE floating-rate loans pending consultations, and a decision not to activate the countercyclical capital buffer now.</description>
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    <pubDate>Thu, 04 Apr 2019 14:41:04 +0530</pubDate>
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