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JPMorgan Chase gains approval to open its first Indian branch in nearly a decade in Pune, targeting corporate clients.
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.
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.
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.
India’s strong economic growth, rising credit demand, and stable macroeconomic environment continue to attract foreign banks.
JPMorgan Chase obtiene aprobación para abrir su primera sucursal india en casi una década en Pune, dirigida a clientes corporativos.