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Fixing Weak Growth Is Highest Priority: RBI Policy Minutes
21 Aug 2019, 07:12 PM IST i

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The monetary policy committee cut the repo rate by an unconventional 35 basis points to 5.40 per cent.
Fixing India's weak growth has become the highest priority while a benign inflation outlook has given the central bank room to cut rates although transmission remains inadequate, monetary policy committee meeting minutes showed.
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