The International Day of Family Remittances (IDFR) is observed every year on 16 June across the world. It is aimed at recognizing significant financial contribution migrant workers make...
According to recently released report ‘RemitSCOPE – Remittance markets and opportunities – Asia and the Pacific’, India was largest remittance receiving country in the world with US 69...
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...
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...
According to recently released Migration and Development Brief by World Bank, India has retained top position as recipient of remittances with about 69 billion in 2017. India was...
The Reserve Bank of India (RBI) has tightened reporting norms for the Liberalised Remittance Scheme (LRS) under which individual can transfer up to US $2,50,000 abroad in a...
A current account refers to a type of bank account that allows individuals, businesses, and organisations to conduct frequent and unlimited transactions. It is primarily used for day-to-day...
As per recently report of World Bank, India remained the world’s largest remittance recipient in 2015. It was revealed by the World Bank’s annual report Migration and Development...
