Motilal Oswal has released a list of its top 16 bets in the BFSI (banking, financial services and insurance) sector, which includes major private banks such as HDFC Bank and ICICI Bank. The coverage ties the recommendations to expectations for banking-sector business growth. Motilal Oswal projects that banking system credit will grow at a compound annual growth rate (CAGR) of around 14% over FY26 to FY28. The firm attributes this outlook to continued strength in credit demand spanning multiple customer segments, including corporate borrowers, retail customers, and MSMEs (micro, small and medium enterprises). The provided information does not include further details on the other stocks in the list or specific performance targets for each company. Overall, the articles present the recommendations alongside Motilal Oswal’s broader view that expanding credit off-take across key segments will support growth in the banking system through FY26–FY28.