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flag JPMorgan Chase gains approval to open its first Indian branch in nearly a decade in Pune, targeting corporate clients.

flag JPMorgan Chase is set to open its first new branch in India in nearly ten years, with in-principle approval from the Reserve Bank of India for a location in Pune. flag The move, expected in December 2025, marks a renewed expansion in one of the world’s fastest-growing economies, focusing on corporate clients with services like transaction banking and term lending. flag The bank, which has operated in India since 2016 with three existing branches, has steadily grown its presence through asset management, investment banking, and a new campus. flag India’s strong economic growth, rising credit demand, and stable macroeconomic environment continue to attract foreign banks.

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