Indians' funds in Swiss banks jump 50 pc to over Rs 30k crore on surge in securities, institutional holdings

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19 June 2022

Indians' funds in Swiss banks jump 50 pc to over Rs 30k crore on surge in securities, institutional holdings

Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to a 14-year-high of 3.83 billion Swiss francs (over Rs 30,500 crore) in 2021 on a sharp surge in holdings via securities and similar instruments while customer deposits rose as well, annual data from Switzerland's central bank showed on Thursday.

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19 June 2022

Indians' funds in Swiss banks jump 50 pc to over Rs 30k crore on surge in securities, institutional holdings

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