Market players see no change in CRR either, expect RBI to wait for Fed move Bankers, economists and market participants expect the Reserve Bank of India ( RBI) to maintain status quo in its fifth bi- monthly policy review for 2015- 16, scheduled on December 1. All 12 participants in a BS poll said RBI Governor Raghuram Rajan would be in no mood to tinker with the interest rate or even the cash reserve ratio. He would ideally wait to see the impact of a possible rate hike by the US Federal Reserve on December 15- 16, possibly the first by the world’s largest economy since June 2006. RBI has, since January this year, cut its policy rate four times to bring it down from eight per cent to 6.75 per cent. In the fourth monetary policy review on September 29, the central bank surprised the market by a 50 basis point ( bps) cut. One bps is a hundredth of a percentage point. The repo is the rate at which the RBI lends to banks. In his monetary policy statement, Rajan said the central