Subject: Foreign Deposits by Indian citizen
India is No. 58th on Swiss List for amount of foreign deposits in Swiss banks in 2013 as mentioned by Switzerland's central banking authority is INR 14000 Cr. This ranking is based on direct client exposure as also funds held through "fiduciaries" or wealth managers with total of 283 banks in Switzerland. There are only 18 countries whose exposure stands at 1% or more. UK has about 20% and the US 14%. Below are the figures in billions of Swiss francs:
1. UK 277.0
2. US 193.0
3. West Indies 100.0
4. Germany 52.4
5. Guernsey 49.5
This is what Deeptiman Tiwary has given in TNN and is given only for your information. Your comment, or suggestion is most welcome. I am 83 years old and need your encouragement to motivate me and increase my knowledge with your help/guidance. Kind Regards. Sunder T in Mumbai.
India is No. 58th on Swiss List for amount of foreign deposits in Swiss banks in 2013 as mentioned by Switzerland's central banking authority is INR 14000 Cr. This ranking is based on direct client exposure as also funds held through "fiduciaries" or wealth managers with total of 283 banks in Switzerland. There are only 18 countries whose exposure stands at 1% or more. UK has about 20% and the US 14%. Below are the figures in billions of Swiss francs:
1. UK 277.0
2. US 193.0
3. West Indies 100.0
4. Germany 52.4
5. Guernsey 49.5
This is what Deeptiman Tiwary has given in TNN and is given only for your information. Your comment, or suggestion is most welcome. I am 83 years old and need your encouragement to motivate me and increase my knowledge with your help/guidance. Kind Regards. Sunder T in Mumbai.
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