PETALING JAYA: The overnight policy rate (OPR) cut has thrust both banks and potential lenders in a state of limbo.
As much as banks would like to disburse more loans, they are being prudent as they brace for a spike in non-performing loans (NPLs), especially when the six-month loan moratorium ends in September.
Households and businesses are also holding back from applying new loans on fears of uncertain economic conditions led by the Covid-19 pandemic.
...