Nudged by the regulator and the government, more state-run lenders on Friday joined their larger peer SBI to slash lending rates with Bank of India, Syndicate Bank, Andhra Bank, India Overseas Bank and Canara Bank, among others, announcing 10-30-basis-point (100bps = 1 percentage point) reductions in their loan pricing.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OPZx6m
