Funds parked by Indian individuals and firms in Swiss banks fell by 70% in 2023 to a four-year low of CHF 1.04 billion (₹9,771 crore), data showed. This is decline in aggregate funds of Indian clients for second consecutive year after hitting 14-year high of CHF 3.83 billion in 2021. The amount stood at record CHF 6.5 billion in 2006.