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Indian money made all time record in Swiss bank

By:  Tupaki Desk   |   21 Jun 2013 6:22 PM GMT
Indian money made all time record in Swiss bank
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Finally Swiss National Bank announced the money in their bank due to immense pressure they have from the national wide. On Thursday at Jurik, the Swiss National Bank announced the latest bank amount details on the basis of new list Indians money in Swiss banks has fallen to a record level of about Rs. 9 crore (1.42 billion Swis francs).

Goes with the details by the end of 2012, the details of Indian peoples, organizations money was about 1.34 billion Swiss francs. In addition to, wealth managers have 77million Swiss francs. On the basis of Swiss National Bank officially released data, the Indians money in Swiss bank fallen down to 35% (Rs 4,900 crores). But in the beginning of the year 2012 the details of Indians money in Swiss bank was nearly Rs 14,000 crores (2.18 billion Swis francs).

The reason behind the sudden release of client details who hidden their money in Swiss bank was due to the immense pressure on Switzerland by America and other countries.