Suspense after sweet surprise

.....“He could bring down the spread over the repo rate by 100 basis points to 200 basis points,” said a senior official with a nationalised bank. The official added that the RBI could also do away with some of the higher CRR requirements and bring it down to below 90 per cent, a measure that would give some liquidity comfort to banks. Bankers, however, do not expect the RBI to make any changes with regard to banks’ access to the LAF........

Read - The Telegraph