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The repo rate call was a tough one to take considering that inflation is high and at the upper level of the band
The six-member MPC also kept policy stance unchanged at 'accommodative' for "as long as necessary" to revive growth
Exporters laud timely steps but want direct fiscal support, full package
The market and economists were expecting a sure cut in the policy review, considering the weak growth rate
The central bank is likely to cut repo rate for the fifth time in a row
Shaktikanta Das likely to initiate required steps in coming weeks