Current Affairs Exam

India Positioned in 51st Place in Annual Bank Statistics

According to Annual Bank Statistics of 2020 launched through Swiss National Bank (SNB), the Central Bank of Switzerland. India with Swiss Francs (CHF) 2.55 billion (INR 20,706 Crore) has been positioned at 51st place in the list of overseas clients cash in Swiss Banks during 2020.

The United Kingdom (UK) topped the listing with CHF 377 billion, accompanied by means of the US (152 billion). India was once ahead of countries like New Zealand, Norway, Sweden, Denmark, Hungary, Mauritius, Pakistan, Bangladesh and Sri Lanka in phrases of foreign clients in Swiss banks.

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