Indian Money in Swiss Banks Triples in 2024, Surges to Rs 37,600 Crore: What’s Behind the Spike?

Unknown Apr 02, 2026 800 Views

In a surprise twist, Indian clients' deposits in Swiss banks more than tripled in 2024 to a record Rs 37,600 crore (CHF 4.1 billion), the latest figures released by the Swiss National Bank (SNB) show. This is the highest in more than a decade and has yet again sparked controversies related to...