Crude at $107, Credit at Decadal High: RBI Rate Hike Call Reshapes India's Financial Calculus

19.1% — Bank credit growth in August, a decadal high. Scheduled commercial banks are lending at a pace not seen since 2016, with outstanding credit at ₹224 lakh crore. The catch? That same lending engine is about to hit the brakes if SBI Research gets its way.

Rate Hike Fever Hits the Street

SBI Research dropped a grenade in Friday's Ecowrap report: the RBI should hike the repo rate by 25 basis points in October and follow up with **another 25 bps in...