Key Takeaways JPM received in-principle RBI approval to open a Pune branch, marking its first India expansion in 10 years.The Pune office will focus on corporate clients, offering term lending and transaction banking services.The expansion adds to JPM's India presence across asset management, investment banking and commercial banking.JPMorgan (JPM) has obtained an in-principle approval from the Reserve Bank of India to establish a new branch in Pune, marking its first expansion in a decade in the country. T ...

Group 1 - Goldman Sachs is considered undervalued, trading at 15 times earnings, which presents a strong investment opportunity [1][2] - Jim Cramer highlighted the company's recent quarter performance as impressive, suggesting it was not well-received by the market, creating a buying opportunity [1] - Cramer emphasized that the stock is currently selling at a low multiple and predicted it would rise significantly, urging investors to buy now [2] Group 2 - Goldman Sachs offers a range of financial services including advisory, investment banking, lending, trading, asset management, and payment services [2] - There is a belief that while Goldman Sachs has potential, certain AI stocks may offer greater upside with less risk [2]