Swiss National Bank

Tuesday, Apr 23, 2024 | Last Update : 11:55 AM IST

India has moved down three places to 77th rank in terms of money parked by its citizens and enterprises with Swiss banks at the end of 2019. (PTI Photo)

Money in Swiss banks: India at 77th place, accounts for 0.06% of all foreign funds

Among the top-ranked jurisdictions, the UK is followed by the US, West Indies, France and Hong Kong in the top five

26 Jun 2020 1:24 PM

Swiss deposits saw 80 per cent dip, says FinMin

Swiss ambassador says BIS is correct on stash data.

25 Jul 2018 12:29 AM

Union Finance Minister Piyush Goyal on Tuesday told Rajya Sabha that ever since Narendra Modi government came to power in 2014, the black money deposited in Swiss National Bank has reduced by 80 per cent.

Black money deposit in Swiss banks down by 80 per cent, says Piyush Goyal

Ever since Narendra Modi govt came to power in 2014, the black money deposited in Swiss National Bank has reduced by 80 pc.

24 Jul 2018 2:52 PM

Union Minister Arun Jaitley said the SNB report has led to a 'misinformed reaction in certain circles' questioning 'whether the Government's anti-black money steps have yielded results'. (Photo: File/PTI)

'If not in Swiss banks, where is black money?': Cong hits back at Jaitley

The Congress on Saturday took a dig at Finance Minister Arun Jaitley's remark of 'all money in Swiss banks is not black money'.

30 Jun 2018 8:30 PM

Shaky presumption that all deposits are tax evaded: Jaitley on Swiss Bank data

Union Minister Arun Jaitley urged those participating in public discourse to understand 'basic facts' before sharing views.

29 Jun 2018 8:27 PM

Rahul Gandhi took a dig at Narendra Modi over the rise in Indian money in Swiss banks. (Photo: File)

Rahul Gandhi slams Modi govt over rise in Indian money in Swiss banks

Congress also targeted PM over his govt's claims of putting a clampdown on black money and said Swiss bank deposits during UPA had fallen.

29 Jun 2018 7:02 PM

'From January 1, 2018 till end of accounting year, all data will be made available. Why assume this is black money or illegal transactions?', Union Minister Piyush Goyal said. (Photo: File)

Will get data on black money from Switzerland by 2019, says Piyush Goyal

Piyush Goyal said, 'We will have all the information and if anybody is found guilty, strict action will be taken.'

29 Jun 2018 2:21 PM

The Indian money in Swiss banks had fallen by 45 per cent in 2016, marking their biggest ever yearly plunge. (Photo: PTI)

Indians’ money in Swiss banks increases 50 pc to Rs 7,000 crore in 2017

Indian money held with Swiss banks comes as a surprise given India’s continuing clampdown on suspected black money.

29 Jun 2018 12:23 PM

Total funds kept by all foreign clients in the Swiss banking system, as per an analysis of the latest figures compiled by the Swiss National Bank as on 2016-end.

Money in Swiss banks: India slips to 88th place; UK on top

Total money held in Swiss banks by foreign clients from across the world, incidentally rose by a small margin from 1.41 trillion.

02 Jul 2017 4:26 PM

Committing itself to the global framework for automatic exchange of tax information, Switzerland last week ratified the decision to implement this regime with India and 40 other jurisdictions.

India has few deposits in Swiss banks: Bankers

When asked about trends in terms of deposits from Indian residents, Langlo said it has not noticed any particular trend.

19 Jun 2017 4:54 AM

Indians have 'rather few' deposits in Swiss accounts, says bank association

According to the Swiss National Bank data, the funds held by Indians with Swiss banks fell to CHF 1,217.6 million in 2015.

18 Jun 2017 2:52 PM

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Aakar Patel