BIG ON INDIA
Business Today India|January 05, 2025
From assisting in big-ticket IPOS to focussing on mid-cap firms, J.P. Morgan India is looking to deepen its engagement in India
SURABHI
BIG ON INDIA

IN 2025, J.P. Morgan India is set to complete 80 years in the country. In that time, it has not just expanded its operations here but continues to bet big on the economy and work on further deepening its engagement with Indian clients.

J.P. Morgan India has once again emerged as the winner in the Best Foreign Bank category in the BT-KPMG Survey of India's Best Banks and NBFCs for the fourth year in a row this year.

It has come out on top across parameters like quality of earnings, strength of employees in terms of productivity and efficiency, and has also shown strong performance in criteria such as three-year CAGR of total deposits, absolute increase in CASA (current account savings account) market share, and the growth in operating profit.

The bank focuses on the wholesale segment in the country with three key themes of Indian corporates, financial institutions and multinational companies (MNCs) operating here. And within this, it wants to focus more on mid-cap firms, those in the new economy, as well as companies working on energy transition.

"From a client engagement perspective, we continue to grow deeper across both listed companies and MNCs," says Kaustubh Kulkarni, Senior Country OfficerIndia and Vice Chairman-Asia Pacific, J.P. Morgan.

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