<div id="readability-page-1"><div> By Megan Cheah <pre></pre> A London-based unit of JPMorgan Chase has received a license to set up a branch in a special jurisdiction of Gujarat, India, as more global lenders build a presence in the financial hub. India's Gujarat International Finance Tec-City, known as GIFT, was designed to be a magnet for banks, securities firms and IT companies, offering tax breaks and other incentives to bring in more capital into the country and promote cross-border financial services. JPMorgan Securities PLC received the license from the International Financial Services Center Authority, GIFT City's regulator, a spokesperson told Dow Jones Newswires on Wednesday. &#34;The ​​branch will facilitate the trading of equities, derivatives and other financial instruments,&#34; the spokesperson added. JPMorgan inaugurated its international banking unit in GIFT City in 2022, and other major banks have also taken advantage of the hub's perks. HSBC started operating in the specialized jurisdiction in January 2021. Last year, it expanded its presence there with new office premises, the lender said in a press release. Standard Chartered similarly upgraded to larger office premises in the hub in 2025 after having been there for a few years. Barclays established an international banking unit in GIFT City in 2021, while a banking unit of Japan's Mitsubishi UFJ Financial Group opened a branch there in 2022. <pre></pre> Write to Megan Cheah at megan.cheah@wsj.com <pre></pre> (END) Dow Jones Newswires January 21, 2026 01:53 ET (06:53 GMT)Copyright (c) 2026 Dow Jones &amp; Company, Inc.</div></div>

摩根大通

摩根大通位于伦敦的分支机构已获得在古吉拉特邦的 GIFT City 设立分行的许可，旨在增强其在印度金融中心的存在。该分行将促进股票、衍生品和其他金融工具的交易。GIFT City 提供税收优惠，以吸引全球银行和金融公司，其他主要银行如汇丰银行和渣打银行也在此扩展业务

摩根大通证券部门将在印度的金融中心设立分支机构