Saturday, October 16, 2021

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Swiss National Bank

Obligated by the agreement with Modi, Swiss authorities to share details of 50 Indians nationals holding accounts in Swiss banks

Since Modi came to power, money parked by Indians in Swiss banks started reducing drastically

As part of AEOI agreement with India under Modi, Switzerland-based banks notifies 11 Indians to share bank account details

In about a decade the funds held by Indians with Swiss banks went down to almost one-tenth

Indian money parked in Swiss banks hits all time low

The current amount in Swiss banks is even less than one-third of the amount reported in 2014.

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