ADVERTISEMENT
ICICI Bank, HDFC Bank, SBI Are Motilal Oswal's Top Pick In Bank Stocks — Check Target Price
The potential recovery in earnings in H2 FY26 will mark an end to the multi-year earnings deceleration cycle and help improve sector performance, adds Motilal Oswal.
29 Aug 2025, 11:03 AM IST 
Save
Motilal Oswal recommends 'Buy' calls for SBI, ICICI Bank among others.
(Source: Gemini/AI)
The banking sector’s earnings growth has been increasingly driven by non-core treasury gains even as NII growth has decelerated significantly due to sharp loan repricing and elevated funding costs. For the brokerage's coverage companies, NII declined 1% YoY in Q1 FY26 (vs 16% YoY growth in FY24).
