Saturday, 3 December, 2022
TopicSwiss banks

Topic: Swiss banks

Finance ministry seeks details on Indians’ funds in Swiss banks from Switzerland authorities

The ministry said the Indian customer deposits in Swiss banks have fallen since 2019 and recent figures don't indicate the quantum of much-debated alleged black money held by Indians.

Indians’ funds in Swiss banks jump to over Rs 20,700 crore in 2020, highest in 13 years

The increase in funds of Indian clients with Swiss banks, from Rs 6,625 crore in 2019, reverses a 2-year declining trend. However, customer deposits fell for the second year.

Front companies, corrupt govts, banks that vanish overnight — how global kleptocrats unite

In ‘Kleptopia’, Tom Burgis follows how dirty money floods the global economy when crisis hits democracies and kleptocrats see an opportunity to seize power.

India gets second set of Swiss bank account details under automatic info exchange framework

The information shared by Swiss authorities include identification, account and financial information as well as information on account balance and capital income.

India slips to 77th rank, accounts for 0.06% of all foreign funds with Swiss banks

According to the latest Swiss National Bank data, funds parked by Indian individuals and enterprises in Swiss banks fell by 5.8 per cent in 2019.

Finance ministry refuses to share details of Swiss accounts and black money under RTI

India had in September received the first tranche of Swiss bank account details of Indian nationals under a new automatic information exchange pact.

Centre receives first tranche of Swiss bank account details of Indian nationals

The information, provided under the new automatic information exchange pact, includes details of currently active accounts as well as those closed in 2018.

Why all funds deposited by Indians in Swiss banks are not black money

As India has ranked 74th in terms of money stashed by its residents in Swiss banks, ThePrint takes a look at the different legitimate ways of transferring funds overseas.

India slips to 74th rank in terms of money parked in Swiss banks, while UK remains on top

Banking statistics by the Swiss National Bank (SNB) show that India accounts for about 0.07 per cent of aggregate funds parked by all foreign clients of Swiss banks.

Switzerland is in the process of sharing details of 50 Indians having Swiss bank accounts

Enforcement agencies of both Switzerland and India are tightening their noose on individuals suspected to have amassed illicit wealth.

On Camera


File photo of Kerala Governor Arif Mohammed Khan | ANI

Arif Mohammad Khan vs Kerala govt isn’t a new faceoff. Old cases show Governor wears two hats

Under UGC provisions, a search committee is appointed to find suitable candidates for the V-C post. Governors make their selection from among these names.

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.


A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.