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, according to annual data from Switzerland’s central bank. The rise in aggregate funds of Indian clients with Swiss banks, from 2.55 billion Swiss francs (Rs 20,700 crore) at the end of 2020, marks the second consecutive year of increase.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
Find More News on Economy Here
Tea, with its myriad flavors and cultural significance, remains one of the most beloved beverages…
In a groundbreaking move that combines cutting-edge technology with diplomacy, Ukraine has unveiled an AI-generated…
The International Cricket Council (ICC) has unveiled the fixtures for the highly anticipated ninth ICC…
India has been the leading producer of milk in the world for several years now,…
When it comes to the vast and rugged landscapes of America, few states encapsulate the…
India and Nigeria have agreed to finalize the Local Currency Settlement System Agreement to enhance…