The Changing Face Of BFSI— Read Motilal Oswal's Thematic View; HDFC Bank, Angel One, Home First Among Top Bets

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

In this report, we endeavor to present this eventful journey of the banking, financial services and insurance sector with a top-down view of how the sector has evolved over the decades.

We will also attempt to include engaging insights into trends in the BFSI sector market cap, the incremental contributions of new-age companies, deposit accounts per capita, a comparison of digital payments with select countries, the emergence of new business models, and the diminishing relevance of physical branches.

We believe that the next phase will witness hyper-personalized banking experiences, driven by AI and decentralized finance, alongside the growing adoption of Central Bank Digital Currencies.

Financial institutions must innovate and embrace technology to remain relevant as the pace of change accelerates and the industry continues to reinvent itself.

We remain selective in our BFSI stock picks: ICICI Bank, HDFC Bank, and SBI are our top large-cap picks. In mid-size banks, we prefer Federal Bank and AU Small Finance Bank. Shriram Finance, Home First, PNB Housing Finance, and L&T Finance are our preferred picks among NBFCs.

HDFC Life and ICICI Lombard are our favorites among insurance, whereas, among capital markets, we prefer HDFC AMC, Nuvama, CAMS, and Angel One.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.