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

Photo: Bloomberg

Remittances under the RBI’s scheme hit a record high in the previous financial year which was $19.6 billion

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

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First Published: Nov 20 2022 | 7:14 PM IST

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