New Delhi, April 17 -- Motilal Oswal Financial Services (MOSL) has expressed optimism over the banking and non-banking financial services (NBFC) sectors, citing robust fundamentals, macro resilience, and supportive regulatory developments. In a recent strategy note, the brokerage said that banks are poised to outperform due to strong balance sheets and effective navigation of economic uncertainties, while NBFCs are expected to rebound on the back of rate cuts and improved regulatory clarity.

According to MOSL, banks are well-positioned to outperform, supported by resilient balance sheets and an ability to manage macroeconomic headwinds. The brokerage added that NBFCs, which have recently witnessed moderation, are likely to pivot back to ...