The article is incomplete and misleading. First, changed interest rate always impacts bank margins !! Second, let this govt. look into the huge white elephants of banks which are lavishly enjoying untold perks, benefits and vast opportunities for making additional incomes, which is proved day in and day out ! Is there any other Public Sector in which they have such cushy jobs, and absolutely zero answerability? Third, more loans at lower rates, will definitely help banks earn more interest. All banking operations are fully computerized and bank costs of operation just cannot increase because of more loans and lower rates!!! In fact, RBI and the govt. must reduce rates down to 1 or 2% like in some developed countries, who are not even clamouring for 100% digitization yet. The writer needs not fool the country.