Swiss bank money: India's approach is all wrong
Description
It was a slap on the face for the Indian government when it was told by the Swiss banks that India was not welcome on a 'name-fishing' expedition. According to various studies that have been conducted including the one by the Global Financial Integrity, approximately Rs 692,328 crore (Rs 6923.28 billion) Indian money is stashed away in the Swiss banks alone. Read more at https://www.rediff.com/money/slide-show/slide-show-1-swiss-bank-money-indias-approach-is-all-wrong/20090824.htm
Copyright Date
August 2009
Publication Date
24-8-2009
Publication Title
Rediff.com
Publisher
Rediff.com India Limited
Keywords
Financial system, Indian money
Source Link URL
https://www.rediff.com/money/slide-show/slide-show-1-swiss-bank-money-indias-approach-is-all-wrong/20090824.htm