Indian money in Swiss banks rises 50% to over â¹7,000 crore
Reversing a three-year downtrend, Indians' money in Swiss banks rose about 50% to 1.01 billion francs (â¹7,000 crore) in 2017, official data showed. In comparison, the funds held by all foreign clients rose 3% to 1.46 trillion francs (â¹100 lakh crore). Indians' money in Swiss banks stood at a record high of 6.5 billion francs (â¹23,000 crore) at 2006-end.