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Switzerland cut rates to zero to rein in the rapidly appreciating franc, which has acted as a safe haven for investors given ...

Overnight, a number of central banks in Europe sent out dovish signals, including Norway's central bank which delivered its ...

The data highlighted a broader trend of declining foreign deposits in Swiss banks, possibly reflecting greater transparency, ...

Indian funds in Swiss banks tripled in 2024, reviving black money debate despite Swiss officials denying all such money is ...

Swiss banks have long been a subject of political debate in India over alleged black money. However, experts argue that these ...

Decades ago, Bollywood movies familiarised many in India with scenic Switzerland and secretive Swiss bank accounts. But, ...

The Finance Ministry said the Income Tax Department thoroughly examines the data received under AEOI to identify cases that ...

The return to zero comes as tariffs threaten to deflate nations with trade surplus, such as Switzerland and China.

The data revealed that the Indian deposits in the bank saw a slight increase of 37 million Swiss francs last year. In 2023, ...

Most of this increase in funds has come from bank channels and other financial institutions, not from personal bank accounts.