Swiss banks

Black money hoarders to come under scanner as Switzerland, India mull exchange of banking info

Black money hoarders to come under scanner as Switzerland, India mull exchange of banking info

Nonetheless, they are interested in taking advantage of improved governance conditions and greater legal certainty in the financial services sector, particularly in the reinsurance sector.

Aug 06, 2017, 17:15 PM IST
Money in Swiss banks: India slips to 88th place with Rs 4,500 crore; UK on top

Money in Swiss banks: India slips to 88th place with Rs 4,500 crore; UK on top

India has slipped to 88th place in terms of money parked by its citizens with Swiss banks, while the UK remains on the top.

Jul 02, 2017, 14:36 PM IST
Indians' money in Swiss banks hit record low of 676 million francs

Indians' money in Swiss banks hit record low of 676 million francs

Money parked by Indians in Switzerland's banks nearly halved to 676 Swiss francs (about Rs 4,500 crore) in 2016 to hit a record low amid a continuing clampdown on the suspected black money stashed behind their famed secrecy walls.

Jun 29, 2017, 20:51 PM IST

Swiss banks' profit halves to CHF 7.9 billion; staff count down

Banks in Switzerland saw their profits nearly halve to CHF 7.9 billion (over Rs 53,000 crore) in 2016 amid continuing global pressure on their famed secrecy walls.

Jun 29, 2017, 14:52 PM IST
BJP MP to release list of companies with black money

BJP MP to release list of companies with black money

Thackeray had spoken of public inconvenience following the Centre's demonetisation move, saying it amounted to "torture" of people.

Nov 13, 2016, 18:49 PM IST
India slips to 75th place on money in Swiss banks; UK on top

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

Govt checking if any blackmoney returned to India: Revenue Secy

In the wake of deposits held by Indians in Swiss banks dropping by 33 percent, Revenue Secretary Hasmukh Adhia on Friday said the government is checking if any of the blackmoney has been routed back to India.

Jul 01, 2016, 18:34 PM IST
Money in Swiss Banks: Pakistan has more than India with over Rs 10,000 cr stashed

Money in Swiss Banks: Pakistan has more than India with over Rs 10,000 cr stashed

Defying a global trend, money kept by Pakistani nationals in Swiss banks has risen by over 16 percent to 1.5 billion francs (over Rs 10,000 crore), exceeding that of Indians.

Jun 30, 2016, 18:11 PM IST
Black money decreasing? Indian money in Swiss banks dips 33% to Rs 8,392 crore

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

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