Bank of India hikes home loan interest rates

[IndiaInsurance]

https://img.etimg.com/photo/92098618.cms (https://economictimes.indiatimes.com/wealth/borrow/bank-of-india-hikes-home-loan-interest-rates/articleshow/92098618.cms)As the repo rate rises, banks will borrow money from the RBI at a higher rate. The same will be passed on to customers, impacting the EMIs for other loans such as home loans, vehicle loans, and personal loans.

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