The Kremlin wants to meet with the country's banking community to discuss a possibility for lower interest rates on loans.

      Earlier, the goverment has repeatedly urged banks to cut interest rates, espeially on mortgages, but even the state-run Sberbank has shrugged off the plea.

      In response to public outcry over draconian rates, the government wants to persuade banks that inherent country risks for Russia are exaggerated.