'Wait and watch' says K V Kamath on CRR hike

"We will have to watch how market forces come into play. Everything has to be viewed in the context of good liquidiy. We will analyse the situation. Ultimately, interest rates are subject to demand and supply. Liquidity is good and with the CRR hike liquidity may come down marginally. But I do not think liquidity is going to fall off. Let us wait and watch," Kamath said.