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Money in Swiss banks:UK on top

Megha Jain

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India has slipped to 88th place in terms of money parked by its citizens with Swiss banks, while the UK remains on the top.The money officially held by Indians with banks in Switzerland now accounts for a meagre 0.04 per cent of the total funds kept by all foreign clients in the Swiss banking system.The country was ranked highest at 37th place in the year 2004.