Blackmoney
Money Parked by Indians in Swiss banks hit record low
According to the data released by Zurich-based SNB, money parked by Indians in Swiss banks have nearly halved to 676 Swiss francs (about Rs. 4,500 crore) in 2016. The data release comes ahead of a new framework for the automatic exchange of information between ..
Tags: AEOI • Blackmoney • Current Affairs - 2017 • International • Switzerland
Month: Current Affairs - June, 2017
RBI launches portal to curb illegal money
The Reserve Bank of India (RBI) has launched a website (sachet.rbi.org.in) to curb illegal and unauthorised pooling of funds by unscrupulous firms. The website was launched by RBI Governor Raghuram Rajan in Mumbai, Maharashtra. It will help people obtain information ..
Tags: Banking • Blackmoney • Illegal Money • RBI