XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Remittances to India

Remittances to India are money transfers from non-resident Indians (NRIs) employed outside the country to family, friends, or relatives residing in India. India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. Remittances to India stood at US$125 billion in 2023, up from US$69 billion in 2017. Remittances from India to other countries