There was simply no need for intrest rate hike. Economy was doing wonderfully well.
They are hiking the same to look after thier constituency. ( poor people ) Who they would love to keep them poor and illeterate as they are there only vote banks.
The only people are laughing to the bank is Hig Net worth Individuals. who are getting as much as 12% return on FD.
There vote banks are happy with dal and rice prices remaing the same.