Banks Turn Cautious Amid Rate Cuts; See Rise in Bad Loans

Banks are being careful about giving loans to big companies because interest rates have been cut and there's plenty of money available.

They're not making as much profit on these loans, so they're focusing on lending to regular people and small businesses, which make them more money.

Some banks also had problems with some loans not being paid back, especially those related to agriculture and smaller, less secure loans.

This caused them to set aside more money to cover potential losses.