PETALING JAYA: Although the recent 50-basis-point cut in the statutory reserve requirement (SRR) is designed to lower the cost of funds, banks are still stringent and selective in their lending activities.
RHB Research Institute head Lim Chee Sing said whether banks would lend more depended on the risk appetite and quality of potential borrowers.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!