Outward remittances under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India (RBI) surged almost 50 per cent in the April-September period of the current financial year as
Outward remittances under liberalised remittance scheme jump 50% in H1
During the second quarter of FY23, remittances stood at $7.3 billion, compared to $5.2 billion a year ago
 "RBI")
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Remittances under the RBI’s scheme hit a record high in the previous financial year which was $19.6 billion
First Published: Nov 20 2022 | 7:14 PM IST
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