Indians remitted $2.59 billion abroad in March 2026, marking a 10.9% monthly increase, driven by strong recovery in deposits and surging investments in equity and debt.
The figure marks a 10.9% increase from the $2.34 billion recorded in February
May 23, 2026
04:01 pm
What's the storyIndians had remitted $2.59 billion overseas in March 2026 under the Reserve Bank of India's (RBI) Liberalized Remittance Scheme (LRS).
The figure marks a 10.9% increase from the $2.34 billion recorded in February. However, it is lower than the January figure of $2.68 billion.
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Indians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the…
Indians’ spending on overseas travel fell to USD 1.09 billion in March from USD 1.3 billion in February, according to RBI data on…
The RBI data on LRS for Resident Individuals' shows overseas spending by Indians under different categories, including travel,…
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India's outward remittances under LRS fell 2% to $29 billion in FY26, driven by a sharp 20.9% decline in overseas education…
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