Gulf share of India’s remittances has declined; US pipped UAE in 2023-24: RBI survey

Analysis of data from the RBI bulletin shows that the United States, which was the second largest contributor to remittances in 2016-17, with a 22.9 percent share pipped UAE to become the largest contributor with a 27.7 percent share in India’s total remittances

Mar 20, 2025 - 01:00
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Gulf share of India’s remittances has declined; US pipped UAE in 2023-24: RBI survey
Analysis of data from the RBI bulletin shows that the United States, which was the second largest contributor to remittances in 2016-17, with a 22.9 percent share pipped UAE to become the largest contributor with a 27.7 percent share in India’s total remittances

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