The point of having a market economy is that prices are not centrally set
The chief of the tax administration is trying to set prices for banks. This is not a clever way of running a banking system.
Both the collection of taxes, and a functioning and profitable banking system are necessary for the economy to thrive, but we shouldn’t be mixing and matching the two sets of expertise. For what does the taxman know about the correct pricing structure or banking?
Mosharraf Hossain Bhuiyan made the insistence at a news conference with the MCCI. His point being that corporate taxation breaks have recently been introduced. Those banks which charge excessive interest on loans to business won’t get them. So he says at least, or perhaps urges.