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    <description>The MPC maintained the policy repo rate at 4.0 per cent, kept related LAF rates unchanged, and resolved to continue the accommodative stance at least through the current and next financial year to revive durable growth and mitigate COVID 19 impacts while ensuring CPI inflation remains consistent with the medium term 4 per cent target within a +/- 2 per cent band; the decision was unanimous and predicated on rising food and core inflation, large systemic liquidity, uneven recovery indicators, and supply side constraints.</description>
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