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Indians’ money in Swiss banks hit record low at Rs 4,500 crore

ZURICH/NEW DELHI: Money parked by Indians in Switzerland’s banks nearly halved to 676 Swiss francs (about Rs 4,500 crore) in 2016 to hit a record low amid a continuing clampdown on the suspected black money stashed behind their famed secrecy walls. In comparison, the total funds held by all foreign ... Read More »