Newton's third law of motion states that every action has an equal and opposite reaction. This means that forces always act in pairs. Action and reaction forces are equal and opposite, but they are not balanced forces because they act on different objects so they don't cancel
Bouncing back increases the chances of missing the catch. To reduce this force on the opposite direction the fielder lowers his hands( which is in the direction of the balls original speed). ... The force exerted on the hands of cricketer by the fast moving ball is less when he withdraws his hands