TNPSC Thervupettagam

Indian Funds in Swiss Banks in 2024

June 24 , 2025 12 hrs 0 min 20 0
  • Indian funds in Swiss banks surged over threefold to CHF 3.5 billion (Rs 37,600 crore) in 2024.
  • Most of the increase came from funds held through bank channels and other financial entities, not individual customer accounts.
  • This is the highest since 2021, when the total Indian money in Swiss banks had hit a 14-year high of CHF 3.83 billion.
  • India has risen to the 48th spot globally in terms of funds in Swiss banks, up from 67th last year.

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