Outward Remittances

Outward remittances slipped 2% to $28.98 billion in FY26: RBI data

India's outward remittances under the Liberalised Remittance Scheme declined in FY26 amid weaker overseas education and international travel spending

RBI eases rules for outward remittances; drops prior approval for non-banks

The Reserve Bank on Wednesday removed the prior approval requirement for non-bank entities to form tie-up arrangements for facilitating outward remittance services through banks in India. The central bank has issued an operating framework for facilitating outward remittance services by non-bank entities through Authorised Dealer (Category I) banks in India. "On a review, it has been decided to dispense with the process of granting of the approvals by the RBI for such tie-ups and instead Authorised Dealers are advised to comply with instructions...while facilitating cross-border outward remittance of funds for non-trade current account transactions using a third-party entity in online mode...," the central bank said. Online mode includes a website, online platform, software application, and mobile application. According to a 2016 direction, non-bank entities had to obtain specific approval from the Reserve Bank for tie-up arrangements to facilitate outward remittance services throug

Outward remittances under RBI's LRS rise 19.06% in February 2026

India's outward remittances under LRS surge in February, led by travel and investments, even as education-related spending remains subdued

Remittances to India unlikely to be hit, may touch a new high of $140 bn

Remittances to India are projected to reach up to $140 billion in FY26 despite West Asia tensions, supported by resilient inflows and precautionary transfers, SBI report says

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Fall in outward remittances gives temporary relief to India's CAD

Investments in foreign equity/debt only major category with gains

Outward remittances under LRS fell to its lowest in November in FY26

Outward remittances under RBI's LRS fell to the lowest level of FY26 in November, as overseas travel and education spending by Indians moderated

Outward remittances under LRS slip 2% in Oct on travel, education dip

Outward remittances under RBI's LRS slipped to $2.36 billion in October 2025 as overseas travel and education outflows fell, while remittances for equity and debt investments rose sharply

Outward remittances under LRS grew marginally in September: RBI data

Outbound remittances rose slightly to $2.78 bn, even as H1 outflows stayed lower due to weaker education and family transfers

Travel, education drag outward remittances under RBI's LRS in August

India's outward remittances fell 17.7% YoY to $2.6 bn in August 2025, led by lower travel and overseas education spending amid tightening US visa norms

Outward remittances under LRS fell 11% to $2.45 billion in July: RBI

According to the latest RBI data, the amount remitted under LRS was down from $2.75 billion recorded in July 2024

Outward remittances under RBI's LRS fall 4.4% to $2.3 billion in May 2025

RBI data shows decline in remittances for travel and education abroad while property and equity investments rise under Liberalised Remittance Scheme in May 2025

LRS remittances rise 8.6% in April 2025 on travel, investment boost

April 2025 outward remittances under the RBI's LRS rose 8.6 per cent YoY to $2.5 billion, but full-year outflows fell by 6.85 per cent amid global uncertainty and high base

Outward remittances under LRS fall 6.85% to $29.56 billion in FY25

RBI data shows LRS outflows dropped to $29.56 billion in FY25 due to weak income growth, rupee depreciation, and lower transfers for education and close relatives

Outward remittances under RBI's LRS decline 8.2% in April-February

Overseas remittances for the purchase of immovable property rose by 28.32 per cent Y-o-Y to $277.7 million

Outward remittances under Reserve Bank of India's LRS drop 8.6% in Apr-Jan

In the April-January period of FY25, the largest segment - international travel segment slipped marginally to $14.75 billion, from $14.95 billion in the year-ago period

Outward remittances under LRS drop 10% to $22.82 bn in 9MFY25: RBI

Outflows under the scheme were impacted by deposits, maintenance of close relatives, and the international travel segment, among others

Outward remittances under LRS rise 10.6% in October, shows RBI data

In the August-October quarter of financial year 2024, Indians remitted $8.37 billion overseas, compared to $9.05 billion during the same period last year

Outward remittances under LRS drop 14.88% in H1FY25, shows RBI data

The remittances for maintenance of close relatives fell by 37.17 per cent Year-on-Year (YoY) to $1.92 billion as compared to $3.05 billion

International travel drives outward remittance under LRS to $2.7 bn in July

Investments in equity and debt schemes surged by 108 per cent to $120.86 million from $58.06 million