Shares of the bank fell 0.7% in premarket trading
"Given the interest in India as a market, at some point people will look at both organic and inorganic way to come into the market," Khullar said
"The muted reaction currently is due to weak global risk appetite," Sambor, who said inflows could rise if India becomes a part of other global indices
The largest US lender's profit climbed to $14.47 billion, or $4.75 per share, for the quarter ended June 30
The bank had confirmed an earlier Reuters report on Wednesday that it was exploring strategic options, including a potential sale or capital raising
First Republic Bank is the third major US bank to fail in two months after Silicon Valley Bank and Signature Bank
JPMorgan's profit for the quarter ended Sept. 30 came in at $9.74 billion, or $3.12 per share, compared with $11.69 billion, or $3.74 per share, a year earlier
(Reuters) - JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a higher-than-expected quarterly profit on Friday as gains in net interest income offset a slowdown in trading revenue.
REUTERS - JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a better-than-expected quarterly profit on Friday as gains from higher interest rates and loan growth more than offset a drop in bond trading.