J P Morgan enters India within the next six months, lets say with a retail buy out, as a full fledged retail bank. What do you think will happen?
JPM will directly compete with ICICI and SBI in rural and semi-urban distribution
JPM India will be subdued for the next 10-12 years
JPM will keep an arms length letting the acquired bank run Indian ops
JPM will become a leader in Wealth Mgmt in India over others like Merrill Lynch, Blackrock, DSP, Kotak and SBI
JPM will remain a single branch operation/a niche player in the larger Metros of Delhi and Bombay focussed on dealmakers
Select up to 2 answers.
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