Finance Why external benchmarking won’t pinch Updated : September 30, 2019 01:24 PM IST It all boils down to how well a bank can define its spread over the repo to keep its average spread healthy over the term of the loan. If that’s done right, rather than being a bane, the move could actually turn out to be a boon. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.