
Remittances at a record high! Indian diaspora sends home $135.46 billion; inflows more than double in eight years – Times of India
Remittances constituted over 10% of the total gross current account inflows. Remittances from Indian diaspora hit record high! The overseas Indian community transferred $135.46 billion to India during the previous fiscal year, setting a new record. For over ten years, India has maintained its position as the leading recipient of diaspora remittances globally.The Reserve Bank…