How J P Morgan is betting on India's new-age economy
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J P Morgan is prioritizing the new-age economy in India, focusing on financial inclusion and energy transition. The bank is targeting not only large Indian corporates and multinational companies but also new-age companies and potential competitors in the banking industry. J P Morgan is developing solutions on the wholesale side of the business that are relevant for other banks as well, and some Indian banks are evaluating potential partnerships with the foreign bank. The bank is also focusing on innovation and technology, aiming to do the 2% that will keep them ahead of others. J P Morgan has attained critical size and scale in the new-economy segment in the US, which will benefit other key markets including India. New-age companies offer opportunities in banking, investment banking, and the capital market. The bank wants to focus more on financial inclusion and energy transition while advancing in both traditional and investment banking. The Senior Country Officer-India and Vice Chairman-Asia Pacific, Kaustubh Kulkarni, is optimistic about growth opportunities in the banking space in India, with healthy growth on the asset side and reasonable growth on the liability and deposit sides. There will be investment opportunities from the private sector, resulting in financing opportunities for the bank.
#JPMorgan #India #NewageEconomy #FinancialInclusion #EnergyTransition #WholesaleBanking #Innovation #Technology #InvestmentBanking #CapitalMarket
https://www.businesstoday.in/magazine/deep-dive/story/how-j-p-morgan-is-betting-on-indias-new-age-economy-423706-2024-04-01
Business Today /
npub10k…ffpj8
2024-04-01 09:08:47
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npub10krv5xyz57fwv0upm7fgx90w8m2xulqkzzxml2d9d433rwrlmwpsyffpj8Published at
2024-04-01 09:08:47Event JSON
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"content": "How J P Morgan is betting on India's new-age economy\n==========\n\nJ P Morgan is prioritizing the new-age economy in India, focusing on financial inclusion and energy transition. The bank is targeting not only large Indian corporates and multinational companies but also new-age companies and potential competitors in the banking industry. J P Morgan is developing solutions on the wholesale side of the business that are relevant for other banks as well, and some Indian banks are evaluating potential partnerships with the foreign bank. The bank is also focusing on innovation and technology, aiming to do the 2% that will keep them ahead of others. J P Morgan has attained critical size and scale in the new-economy segment in the US, which will benefit other key markets including India. New-age companies offer opportunities in banking, investment banking, and the capital market. The bank wants to focus more on financial inclusion and energy transition while advancing in both traditional and investment banking. The Senior Country Officer-India and Vice Chairman-Asia Pacific, Kaustubh Kulkarni, is optimistic about growth opportunities in the banking space in India, with healthy growth on the asset side and reasonable growth on the liability and deposit sides. There will be investment opportunities from the private sector, resulting in financing opportunities for the bank.\n\n#JPMorgan #India #NewageEconomy #FinancialInclusion #EnergyTransition #WholesaleBanking #Innovation #Technology #InvestmentBanking #CapitalMarket\n\nhttps://www.businesstoday.in/magazine/deep-dive/story/how-j-p-morgan-is-betting-on-indias-new-age-economy-423706-2024-04-01",
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