India's rank falls to 75 on money in Swiss banks
According to Switzerland central bank's latest update, India's ranking fell from 61 to 75 this year in terms of citizens holding money with Swiss banks. The UK was on top with 25% of the total foreign money in Swiss banks, followed by the US with a 14% stake. Notably, India's current 0.1% share is lowest for the country since 1996. 