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Forex spends by Indians drop 2% to $29 billion in FY26

MUMBAI: Total outward remittances under the Liberalised Remittance Scheme (LRS) witnessed a contraction in FY26, dropping about 2% to $29 billion from the $29.6 billion recorded in FY25.

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economictimes.indiatimes.com

thehindubusinessline.com

timesofindia.indiatimes.com

newsbytesapp.com

venerdì 22 maggio 2026·economictimes.indiatimes.com
Indian diaspora withdraws $2 bn from banks amid West Asia turmoil - The Economic Times
Indian diaspora withdrew nearly two billion dollars from local banks in March. This withdrawal was driven by geopolitical conflicts in West Asia. NRI deposits saw an annual…
venerdì 22 maggio 2026·thehindubusinessline.com
‘Global uncertainty slows overseas remittances under LRS in FY26’: RBI bulletin
Global uncertainty leads to a 2% decline in India's FY26 overseas remittances under LRS, impacting education and travel spending.

sabato 23 maggio 2026·

timesofindia.indiatimes.com

Forex spends by Indians drop 2% to $29 billion in FY26

MUMBAI: Total outward remittances under the Liberalised Remittance Scheme (LRS) witnessed a contraction in FY26, dropping about 2% to $29 billion from the $29.6 billion recorded…

sabato 23 maggio 2026·

economictimes.indiatimes.com

LRS outflows up over 10% in March led by travel demand

Indians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month. Travel spending saw a seasonal dip.…

sabato 23 maggio 2026·

newsbytesapp.com

Indians remitted $2.59B overseas in March, says RBI

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.

sabato 23 maggio 2026·

newsbytesapp.com

India's forex spends slip 2% as education spending abroad falls

India's outward remittances under LRS fell 2% to $29 billion in FY26, driven by a sharp 20.9% decline in overseas education spending and reduced international travel expenses.

domenica 24 maggio 2026·

thehindubusinessline.com

Overseas travel spending by Indians falls to $1.09 billion in March

The RBI data on LRS for Resident Individuals' shows overseas spending by Indians under different categories, including travel, maintenance of close relatives, studies abroad,…

domenica 24 maggio 2026·

economictimes.indiatimes.com

Overseas travel spending by Indians falls to $1.09 billion in March - The Economic Times

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 outward remittances under the Liberalised…

Indian diaspora withdraws $2 bn from banks amid West Asia turmoil - The Economic Times

‘Global uncertainty slows overseas remittances under LRS in FY26’: RBI bulletin

Forex spends by Indians drop 2% to $29 billion in FY26

LRS outflows up over 10% in March led by travel demand

Indians remitted $2.59B overseas in March, says RBI

India's forex spends slip 2% as education spending abroad falls

Overseas travel spending by Indians falls to $1.09 billion in March

Overseas travel spending by Indians falls to $1.09 billion in March - The Economic Times