Are you ready for it.. Bank of India has raised the interest rate.. Now the purse bond..!

The Reserve Bank has raised interest rates amid mixed expectations. Due to this increase in interest, banks have started increasing interest. Due to this, the rate of loans has started to increase. It may be reflected in the monthly installments as well. Today, while the RBI has hiked interest rates, Bank of India has hiked interest rates on loans by 35 basis points.