On the black money front, India has had another success. India has slipped to 88 in the ranking of wealth placed in Switzerland’s banks, among the reports of Indians living in Swiss bank deposits remained halfway in Switzerland. India was ranked 75th in 2015, while it was 61st in the previous year. As of 2007, Swiss banks were among the top 50 countries in terms of deposits of foreigners. In 2004, India was ranked 37th in this case. The UK is at the top of the table. As per the analysis of the latest figures of the Swiss National Bank (SNB), the money kept by Indians is only 0.04 percent of the funds placed in foreign banks of Swiss banks.

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Before the new draft for automatic exchange of information between Switzerland and India to solve the problem of black money, SNB in ​​Zurich released this figure. These figures do not mention in the SNB that how much money has been deposited in the name of the Indians, NRIs or the units of different countries. After global campaign against banking confidentiality in Switzerland, there is a belief that Indians who have kept their illicit money in Swiss banks in the past can transfer them to other places.

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Meanwhile, Swiss banks also said that Indians’ Swiss banks’ have only a few deposits’ compared to global financial centers like Singapore and Hong Kong. Swiss money deposited in Swiss banks of the world increased marginally to 1,420 billion Swiss francs (CHF) in 2016, the previous year was 1,410 billion Swiss francs. According to the country, Britain is at the forefront of accumulated money in Swiss banks. The deposit amount of citizens there is 359 billion Swiss francs (25 percent).

America is second with 177 billion Swiss francs (14 percent). Apart from this, the share of any other country is not in the tenth digit. The top 10 countries are West Indies, France, Bahamas, Germany, Guernsey, Jersey, Hong Kong and Luxembourg.

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India is ranked 88th with 67.6 million Swiss francs (about Rs 4,500 crore). After three consecutive years of decline, the record has reached the lowest level, according to the percentage, it was 0.04 percent, which was 0.08 percent in 2015. Pakistan is ranked 71st with 1.4 billion Swiss francs. Russia is ranked 19th in the BRICS countries (15.6 billion Swiss francs), China 25th (9.6 billion dollars), Brazil 52nd (2.7 billion dollars) and South Africa 61st (2.2 billion Swiss francs). (Also from input language) America is second with 177 billion Swiss francs (14 percent). Apart from this, the share of any other country is not in the tenth digit. The top 10 countries are West Indies, France, Bahamas, Germany, Guernsey, Jersey, Hong Kong and Luxembourg. India is ranked 88th with 67.6 million Swiss francs (about Rs 4,500 crore). After three consecutive years of decline, the record has reached the lowest level, according to the percentage, it was 0.04 percent, which was 0.08 percent in 2015. Pakistan is ranked 71st with 1.4 billion Swiss francs. Russia is ranked 19th in the BRICS countries (15.6 billion Swiss francs), China 25th (9.6 billion dollars), Brazil 52nd (2.7 billion dollars) and South Africa 61st (2.2 billion Swiss francs). America is second with 177 billion Swiss francs (14 percent). Apart from this, the share of any other country is not in the tenth digit.

http://i2.cdn.turner.com/money/dam/assets/130529091401-swiss-bank-secrecy-ubs-1024x576.jpg

The top 10 countries are West Indies, France, Bahamas, Germany, Guernsey, Jersey, Hong Kong and Luxembourg. India is ranked 88th with 67.6 million Swiss francs (about Rs 4,500 crore). After three consecutive years of decline, the record has reached the lowest level, according to the percentage, it was 0.04 percent, which was 0.08 percent in 2015. Pakistan is ranked 71st with 1.4 billion Swiss francs. Russia is ranked 19th in the BRICS countries (15.6 billion Swiss francs), China 25th (9.6 billion dollars), Brazil 52nd (2.7 billion dollars) and South Africa 61st (2.2 billion Swiss francs). (Also from input language) The top 10 countries are West Indies, France, Bahamas, Germany, Guernsey, Jersey, Hong Kong and Luxembourg. India is ranked 88th with 67.6 million Swiss francs (about Rs 4,500 crore).

http://i2.cdn.turner.com/money/dam/assets/130529091401-swiss-bank-secrecy-ubs-1024x576.jpg

After three consecutive years of decline, the record has reached the lowest level, according to the percentage, it was 0.04 percent, which was 0.08 percent in 2015. Pakistan is ranked 71st with 1.4 billion Swiss francs. Russia is ranked 19th in the BRICS countries (15.6 billion Swiss francs), China 25th (9.6 billion dollars), Brazil 52nd (2.7 billion dollars) and South Africa 61st (2.2 billion Swiss francs). The top 10 countries are West Indies, France, Bahamas, Germany, Guernsey, Jersey, Hong Kong and Luxembourg. India is ranked 88th with 67.6 million Swiss francs (about Rs 4,500 crore). After three consecutive years of decline, the record has reached the lowest level, according to the percentage, it was 0.04 percent, which was 0.08 percent in 2015.

Pakistan is ranked 71st with 1.4 billion Swiss francs. Russia is ranked 19th in the BRICS countries (15.6 billion Swiss francs), China 25th (9.6 billion dollars), Brazil 52nd (2.7 billion dollars) and South Africa 61st (2.2 billion Swiss francs). (Also from input language) After three consecutive years of decline, the record has reached the lowest level, according to the percentage, it was 0.04 percent, which was 0.08 percent in 2015. Pakistan is ranked 71st with 1.4 billion Swiss francs. Russia is ranked 19th in the BRICS countries (15.6 billion Swiss francs), China 25th (9.6 billion dollars), Brazil 52nd (2.7 billion dollars) and South Africa 61st (2.2 billion Swiss francs). (Also from input language) After three consecutive years of decline, the record has reached the lowest level, according to the percentage, it was 0.04 percent, which was 0.08 percent in 2015. Pakistan is ranked 71st with 1.4 billion Swiss francs. Russia is ranked 19th in the BRICS countries (15.6 billion Swiss francs), China 25th (9.6 billion dollars), Brazil 52nd (2.7 billion dollars) and South Africa 61st (2.2 billion Swiss francs).