Markets and finance companies feel that the RBI rate hike was good. Do you agree?

Came across a article which touts that this rate hike policy well balances growth and inflation (Religare fixed income head) and it has changed its policy priorities to contain inflation still mindful of not impacting growth significantly (ING Investment). What do you say?

RBI is doing nothing. High salaries with less productivity will ruin financials of the Country in long term.