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India has slipped to 75th spot as far as cash held by its residents in Switzerland's banks, while the United Kingdom stays on top.

India was set at the 61st place a year ago. It used to be among main 50 nations as far as possessions in Swiss banks till 2007.

The nation was positioned most elevated, at the 37th spot, in 2004.

According to the most recent yearly overhaul on Swiss banks, discharged by Switzerland's national bank (Swiss National Bank), the aggregate cash held there by outside customers fell by about 4 for each penny to Swiss franc (CHF) 1.42 trillion toward the end of 2015.

With 1.5bn Swiss francs, Pakistan put at 69th spot

As far as individual nations, the UK represented the biggest piece, at about CHF 350 billion or just about 25pc of the aggregate remote cash with Swiss banks. The US came next with almost CHF 196bn or around 14pc.

No other nation represented a twofold digit rate offer, while others in the main ten included West Indies, Germany, Bahamas, France, Luxembourg, Hong Kong and Panama.

India was positioned 75th with CHF 1.2bn, which is not by any means 0.1pc of the aggregate remote cash stopped in Swiss banks and is the most minimal for the nation in no less than two decades or since 1996 — the main year for which full practically identical information is accessible.

Pakistan was put higher, at the 69th spot, with CHF 1.5bn — a shade superior to anything 0.1pc of aggregate remote cash stopped in Swiss banks.

India was likewise most reduced positioned among the BRICS countries — Russia was positioned seventeenth (CHF 17.6bn), China 28th (CHF 7.4bn), Brazil 37th (CHF 4.8bn) and South Africa 60th (CHF 2.2bn).

Different nations that positioned higher than India included Mauritius, Kazakhstan, Iran, Chile, Angola, Philippines, Indonesia and Mexico, while various purported charge sanctuaries were likewise set above, including Jersey, Cayman Islands, Cyprus, Marshall Islands, Bermuda, Belize, Gibraltar, Isle of Man, Seychelles and St Vincent and the Grenadines.

All seaward money related focuses together held CHF 378bn in Swiss banks. The aggregate for creating nations remained at CHF 207bn, while the same for the created nations was much higher.

India was positioned in main 50 nations somewhere around 1996 and 2007, however began declining after that — 55th in 2008, 59th in 2009 and 2010 each, 55th again in 2011, 71st in 2012 and afterward 58th in 2013.

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