Page-2 of Topic: remittances
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...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...
India highest recipient of Remittances in 2017: World Bank
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...
RBI tightens reporting norms for Liberalised Remittance Scheme
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...
Current Account
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...
