India money in Swiss banks rise 50% to over Rs 7,000 crore

Indian money in Swiss banks have risen 50 per cent to over Rs 7,000 crore, as per the latest reports. Money deposited by Indian in Swiss banks rose over 50 per cent to Swiss franc 1.01 billion in 2017, reversing a three-year downward trend. The Indian money in Swiss banks in 2016 fell by 45 per cent in 2016, marking their biggest plunge.