Indian deposits increased by 50% in Swiss Banks – Goyal

New Delhi-Indian deposits have increased by 50% in Swiss Banks in 2017 said Union Finance Minister Piyush Goyal. He was reacting about Swiss bank deposits. Mr Goyal also said that India has automatic exchange of information with Switzerland and we will come to know who has deposited and whether it is black money or not.Reacting on falling Rupee,he said that there is no Knee Jerk Reaction Required and RBI will do the needful as and when required.