Tag: Swiss National Bank

India slides down at 77th place in estimating money in Swiss banks

Swiss National Bank
  • India has rolled down three spots to 77th rank in terms of money deposited by its citizens and enterprises with Swiss banks at the end of 2019, while the UK has maintained its top position, as per the recent data from Switzerland’s central bank. India was placed 74th in the previous year.

Indians’ money in Swiss Banks down 6% at Rs 6,625 Crore in 2019

Swiss National Bank
  • Funds deposited by Indian individuals and enterprises in Swiss banks, including through India-based branches, sank nearly 6 percent in 2019 to 899 million Swiss francs (Rs 6,625 crore), annual data from Swiss National Bank revealed on 25th June.