JPMorgan to Boost Corporate Banking in India on Investment Jump

JPMorgan Chase & Co. is strengthening its corporate banking presence in India, focusing on sectors such as electric vehicles, data centers, and solar energy, as firms in these industries ramp up capital spending in the world’s fastest-growing major economy.

“As demand certainty improves, capex investments will begin,” Oliver Brinkmann, co-head of global corporate banking, Asia Pacific, at the US bank, said in a recent interview in Mumbai.

JPMorgan, which counts India and Japan as its two fastest-growing Asian markets in terms of revenue from corporate banking, expects no let-up in growth despite Washington doubling tariffs on many Indian imports ...