Motilal Oswal report on best Banks & NBFCs stocks

Despite the run up in stock prices by 30- 100%+, private banks are still trading at PBV multiple of 15%+ LPA and state-owned banks at a discount of 10% over LPA. Private banks would continue to command premium valuation driven by improved visibility on growth, healthy core operations and return ratios, top managements’ continuity, lower asset quality issues, adequate capitalization, strengthening liability franchise and low hanging fruits (ability to capture market share from state-owned banks due to superior service).

Download MOSL Report On Best Banks & NBFC