300 billion crore lying in Indian linked Swiss Bank accounts without claimants
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Amid political game in India over alleged black money in Swiss Bank, Swiss bank comes up with its list for the 3rd year in which they reveal the number of accounts lying dormant without any trace of owners and no claimant. As per data, only 0.07% of the total funds kept by all foreign clients belong to Indian while the total holding in all India-linked dormant accounts is 44 million Swiss francs i.e Rs 300 crore.