SCALE BENEFITS
Business Today India|February 05, 2023
J.P. Morgan India is building scale to get cost benefits and further increase its market share
ASHISH RUKHAIYAR
SCALE BENEFITS

MEANINGFUL MARKET share. Benefits of scale. Innovation. Product M quality. Competitive cost. These five factors effectively sum up the strategy of J.P. Morgan India, the local subsidiary of US banking major JPMorgan Chase, which has been present in the country since 1945.

J.P. Morgan India has emerged as the Best Large Foreign Bank in the BT-KPMG Best Banks and Fintechs Survey 2021-22, for the second year in a row. The bank recorded the lowest cost to income ratio and the highest profit per employee. It also topped the charts on parameters like return on capital employed and return on assets.

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