India sees record $11.9 billion in NRI deposits, leading global remittances with $129 billion inflow in 2024.
Non-resident Indian (NRI) deposit inflows hit a record $11.9 billion from April to October 2024, nearly doubling from $6.1 billion in the same period last year. Total outstanding NRI deposits rose to $162.7 billion, up from $143.5 billion. India received the highest remittances globally, with an estimated $129 billion inflow in 2024.
4 months ago
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