JPMorgan is one of the biggest employers, along with Barclays and Citigroup, in India’s foreign banking arena, with large facilities employing thousands of people. Besides banking operations, they handle increasingly complex technology roles in areas such as artificial indigence, analytics and blockchain.
Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026?
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond