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Latest News on Swiss Banks
Showing of 0 - 10 from 47 results
Swiss Banks - Total results - 47
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Mar 11, 2019
Chandamama magazine narrated virtues of good deeds, but owners in dock for funds parked in Swiss banks
Mumbai-based Geodesic Ltd acquired the iconic magazine Chandamama in 2007 -
Aug 10, 2018
Black money: India, Switzerland discuss automatic exchange of information
Black money has been a major issue in India and banks in Switzerland have long been perceived as one of the safest havens to park such funds due to their famed secrecy walls for years. -
Jul 25, 2018
Swiss money: SNB bank says its data include total deposits of Indian customers
The Swiss National Bank (SNB) further said its figures include the "data from branches of Swiss banks in India" and therefore the locational banking statistics (LBS) compiled by the Bank for International Settlements (BIS), a global central banking body, would be more reliable. -
Jul 24, 2018
Monsoon Session of Parliament: RS adjourned following TMC protests over black money stashed in Swiss banks
The Rajya Sabha was on Tuesday adjourned for about 90 minutes following noisy protests by members of the Trinamool Congress, who stormed the Well demanding that black money stashed by Indians in Swiss Banks be brought back. -
Jun 29, 2018
Arun Jaitley says Indians with illegal Swiss bank deposits will face harsh penal proceedings under black money law
Noting that Switzerland in financial disclosures was always a reluctant state, Jaitley said the Alpine nation has amended its domestic laws involving all disclosure -
Jun 29, 2018
Indian money stashed in Swiss banks swells by 50%: Strong action will be taken against illicit deposits, says Piyush Goyal
India would start getting details of bank accounts from Switzerland under a bilateral treaty, finance minister Piyush Goyal said -
Jun 29, 2018
Money stashed by Indians in Swiss banks swells by 50%: Narendra Modi's promise on black money suffers setback
In 2015, the money held by Indians in Swiss banks had fallen by nearly one-third to CHF 1,217.6 million (over Rs 8,000 crore). Prior to that, these funds fell by 10 percent to CHF 1.8 billion in 2014, after a rise of 43 percent in 2013 to CHF 2.03 billion, the report added. -
Jun 29, 2018
Pakistani money in Swiss banks down by 21% to Rs 7,700 cr but remains above Indian funds
The surge in Indian money held with Swiss banks comes as a surprise given India's continuing clampdown on suspected black money stashed abroad, including in banks of Switzerland that used to be known for their famed secrecy walls for years. -
Jun 29, 2018
Indian money stashed away in Swiss banks rise 50% to Rs 7,000 cr in 2017, according to official data
The surge in Indian money held with Swiss banks comes as a surprise given India's continuing clampdown on suspected black money stashed abroad, including in banks of Switzerland that used to be known for their famed secrecy walls for years. -
Apr 17, 2018
Blockchain to have mixed implication on global banking system, says Moody's report
Blockchain technology has the potential reduce costs of cross-border transactions for banks. However, it could put pressure on their fees and commissions
