Page-3 of Remittance Current Affairs, GK & News

India becomes largest remittance-receiving country in world in 2017

According to the report ‘RemitSCOPE – Remittance markets and opportunities – Asia and the Pacific’, India has become the largest remittance-receiving country in the world in 2017, with migrant workers from the country sending home 69 billion US dollars. The remittances to the Asia-Pacific region amounted to 256 billion dollars last year. In 2017, India ..

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India highest recipient of remittances in 2017

As per World Bank (WB)’s latest report “Migration and Development Brief”, India is the highest recipient of remittances globally in 2017 with $69 billion, followed by China ($64 billion), the Philippines ($33 billion), Mexico ($31 billion), Nigeria ($22 billion), and Egypt ($20 billion). In its report, the World Bank estimated that officially recorded remittances to ..

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Axis Bank ties up with Ahli United Bank for remittance

Axis bank, the 3rd largest private sector lender tied up with Bahrain’s Ahli United Bank for inward remittances. What does this tie up would bring in for customers of Ahli United Bank? Any person having an a/c with Bahrain’s Ahli United Bank can transfer money to a bank account holder in India using the Internet ..

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Current Affairs : India World Business July 27, 2009

July 27, 2009: India’s projected online populationJuly 27, 2009 : Maximum Tourists come from US July 24, 2009: India is number 1 in remittance flow: World BankJuly 24, 2009 : Number of hungry people to swell to record 1 billion : FAOJuly 23, 2009 : India Ranks 5 in Largest Foreign Reserves: July 23, 2009 ..

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