FCNR inflows hit record; Motilal picks 4 bank stocks

FCNR inflows hit record; Motilal picks 4 bank stocks as foreign currency deposits surge, boosting banks' lending capacity. Motilal Oswal recommends SBIN, ICICIBANK, KOTAKBANK, and BANKBARODA due to strong FCNR inflows and improving NIMs. Record $18.5 billion in FCNR deposits offer stability and low-cost funding. Banks may see improved margins and credit growth in coming quarters.

📊 STOCKS: SBIN ICICIBANK KOTAKBANK BANKBARODA | 🏢 SECTOR: Banking | #MEDIUMIMPACT #Banking