Interest Rate hike by the RBI is certainly a political move to tend the inflation.but simultaneously it will negative impact on the ruling congress party because millions of people had taken housing loan at floating rate of interest at around 8% and now it is 13.75% which seems very unusual. Mr Chidambaram & Entire congress party is responsible for this myth. they have to take intelligent action to save the house of a middleman or else situation will become be the worsten in the coming days
