What is Swiss Bank?
The Swiss bank is the central bank of Switzerland.
Swiss Bank Corporation before its merger was the third largest in Switzerland with over 300 billion CHF of assets and 11.7 billion of equity.
Indian money in Swiss bank rises by 50% to up to 7000cr or more. It had fallen by 45% in 2016, but it has risen again in 2017 and 2018. If you compare the total funds of foreign clients of Swiss banks rose by only 3 % in 2017. this comes as a surprise as to the amount of growth in Indian money there, even after so many steps taken by the Indian government.
However swiss bank has already strated sharing the client details after we provided them with the wrong doings evidences . it has been agreed to cooperate with the indian government to fight the problem of black money.
there have been many rounds of discussions between the two to decide for a framework to deal with the problem.
the problem of black money has been huge for india, they are trying all possible methods to bring it down and it was coming down till 2016. but a huge and sudden rise in this year has been a point not understood.
what do you think should be done??
where are we lacking??
Wow, those figures are in the trillions!
Honestly, I am not surprised.
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Wow, those figures are
In the trillions! Honestly,
I am not surprised.
- hatu
I'm a bot. I detect haiku.
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Correct mate, even I am not surprised. May be more than that too, who knows the actual truth anyways. We only know that much, which they provide us with.
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Brother,as u know that india is always #1in every field,now why not in Black money.Indian govt knows very well about these a/c.If they taken any action then the Party Fund will come from?????
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Do you know why indians keep their money in swiss bank ? & how?
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@anishag Legal way is to give rupees to RBI and RBI will give dollars to that person and later on that person would deposit it in Swiss bank.
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Black is black, nothing else.
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hey @anishag Can you tell me with which bank did the Swiss bank merged?
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this information is to be posted on facebook too, for more awareness...
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How politicians can bring back their own money ...Whoever comes in power will do nothing.
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@anishag we are lacking somewhere like india has some differnet type of policy. Like People often are not interested in paying taxes and our rules are so that our government makes people to deposit in swiss bank.
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The main reason of corruption. BLACK MONEY
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Now bjp says that the money stored in the swiss bank from indians are not black money 😃😃😃
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Very good information..
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@anishag there is possibility that there will be much more money than this
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Goverment is saying, not entire money kept in Swiss bank are black money. But why will they keeping in swiss bank if its not black money.
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@anishag Wow, I am happy to seeing india is on 1st rank
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Switzerland is best in money in compare to indian rupee
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Switzerland is best
In money in compare to
Indian rupee
- vidhyaprak
I'm a bot. I detect haiku.
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black money is the main root of poverty , unemployment but in india noone wants to stop corruption, everyone is just filling their own stomach
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