Can inflated lending rates, increased cash reserve ratio and strict lending norms control inflation?

The worlds fastest growing economy India is passing through its toughest acid test, the lending rates on home loans are up by nearly 5% in last 18 months, CRR been increased more than 4 times. This has resulted in inflated EMIs and tenures for those already borrowed and overburdening them and for some carrying the repayment period beyond retirement age for some. This has actually not brought down the property prices but stalled and decreased the number of transaction.

I have been a science student and feel i am not very good at economics, but i am being affected, so need your professional advise on, how these measures actually affect the economy... are they worth so much pain they are bringng along.

Can bringing uniform policies on prices of goods and services be a solution to them?

Can inflated lending rates, increased cash reserve ratio and strict lending norms control inflation?

Sounds like a stall tactic to me.

Everyone is out to make money from the next person these days

So there will be ways to skirt around any controls that are set.

Best method would be to reward people that save money

and pay for items using cash.

Adjusting loan rates - per amount loaned

no loans longer than 15-30 years on homes

any loans under 10k have set interest rates

any loan over 10k is secured

Adjusting credit scores based on payment

history that includes paying using cash.

credit card interest locked based on credit limits

combined bank loans backed by savings

using these measures

would insure less default on payments of loans

and have higher amounts of ready cash in banks

to make loans.

lower interest rates so loans can be repaid properly

and credit can be extended credit scores improve

Its not perfect yet it does provide a good starting point

Can inflated lending rates, increased cash reserve ratio and strict lending norms control inflation?

I don't claim to be an economic expert but limiting transactions and spending has historically been the solution to run away inflation. The down side to that is that it is that same formula that helps countries find their way into recessions.