NRI Deposits See $12 Billion Inflows
Overseas Indians deposited approximately $12 billion into non-resident Indian (NRI) deposit schemes between April and October (FY25), nearly doubling the
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Remittances
Remittances to India by NRIs grew 26% to $112.5 billion in FY23
Remittances to the country by non-resident Indians rose 26% on year to about $112.5 billion in FY23, underscoring the surge
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In 2022, world-topping $100 billion in remittances have come to India
Migrant workers from India are on track to send home a record amount of money this year, boosting the finances
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Remittances to the Asia- Pacific region reach US$ 256 billion helping millions of families to build a better future
Last year, migrant workers sent US$ 256 billion to their families in the Asia-Pacific region, according to the report “RemitSCOPE
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