Tag: Switzerland
Photo: pib.gov
India Emerges As 5th Largest Forex Reserves Holder In The World With $608.99 Billion As On June 25, 2021
With India’s forex reserves at $608.99 billion as on June 25, 2021 stood, India has emerged as the fifth largest foreign exchange reserves holder in the world after China, Japan, Switzerland and Russia. This was stated by Minister of State for Finance Shri Pankaj Chaudhary… Read More
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Finance Ministry Refutes News Media Reports Of Alleged Black Money Held By Indians In Switzerland
Certain reports have appeared in the media on 18.06.2021 stating that funds of Indians in Swiss Banks have risen to over Rs 20,700 crore (CHF 2.55 billion) at the end of 2020 from Rs 6,625 crore (CHF 899 million) at the end of 2019, reversing a… Read More
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Indian Private Banks Are Worth More Than Big European Banks
European Union's economic weakness continues to get worse, with further downward pressure from Brexit and immigration issues. Major EU banks asset quality worsens and this is impacting stock prices. Now select Indian Banks including HDFC Bank, ICICI Bank, Kotak Mahindra Banks and Axis Bank are valued much more than several… Read More
