Swiss Bank issues notice to 25 Indians in last three months

In a major blow to those hoarding black money in the banks of Switzerland, the Swiss government has issued notices to 11 Indian nationals to make public their information related to their Swiss bank accounts, in a single day. In the notice they have been given one last chance to appeal against sharing of their details with India.
So far at least 25 notices have been issued to the Indian clients of the Swiss banks.
This comes as Switzerland strives hard to re-establish its global financial centre position after clamping down on secrecy walls of its banks.