Money stashed by Indians in Swiss banks declines, hits second-lowest level in two decades
Aggregate funds of all foreign clients of Swiss banks also fell by over 4 per cent to CHF 1.4 trillion (nearly Rs 99 lakh crore) in 2018, as per the annual banking statistics released by the Zurich-based central banking authority of Switzerland.
Jun 27, 2019, 22:00 PM IST
India slips to 75th place on money in Swiss banks; UK on top
India was placed at 61st place last year, while it used to among top-50 countries in terms of holdings in Swiss banks till 2007. The country was ranked highest at 37th place in the year 2004.
Jul 03, 2016, 21:24 PM IST
Black money decreasing? Indian money in Swiss banks dips 33% to Rs 8,392 crore
Money held by Indians in Swiss banks has fallen by nearly one-third to a record low of 1.2 billion franc (about Rs 8,392 crore) amid a continuing global clampdown on the famed secrecy wall of Switzerland's banking system.
Jun 30, 2016, 17:57 PM IST
Indian money in Swiss banks drops by one-third to Rs 8,392 crore
Money held by Indians in Swiss banks fell by one-third to record low of Rs 8,392 crore amid an enhanced clampdown against the famed secrecy wall of Switzerland's banking system by Indian and other governments.
Jun 30, 2016, 15:59 PM IST
Indian money in Swiss banks falls by over 10% to Rs 12,615 crore
This is the second lowest amount of funds held by Indians in the Swiss banks and follows an increase of over 40 percent in the previous year, 2013.
Jun 18, 2015, 16:48 PM IST
Money held by Indians in Swiss banks declines by 10.6% to Rs 12,615 crore
Money held by Indians in Swiss banks has declined by 10.6 percent to Rs 12,615 crore in 2014, as per the latest data released by the Swiss Central Bank.
Jun 18, 2015, 15:17 PM IST
