Indians' funds in Swiss banks down 11% to Rs 30k cr on dip in customer deposits
Business | June 22, 2023 21:16 ISTThe decline in aggregate funds of Indian clients with Swiss banks, from a 14-year-high of CHF 3.83 billion in 2021, follows two consecutive years of increase and was largely driven by a sharp plunge of nearly 34 per cent in customer deposit accounts from a seven-year high.