Middle East war unlikely to dent India’s remittance inflows significantly
March 02, 2026
The US is now the largest source of inward remittances, accounting for 27.7% of such flows into India as of FY24, per latest data from the RBI. The UAE, which was the largest source in FY17, is now the second largest, while nations like Saudi Arabia and Kuwait slipped further down.
Shayan Ghosh, Devina Sengupta
4 min read2 Mar 2026, 05:50 AM IST
Summary
The US is now the largest source of inward remittances, accounting for 27.7% of such flows into India as of FY24, per latest data from the RBI. The UAE, which was the largest source in FY17, is now the second largest, while nations like Saudi Arabia and Kuwait slipped further down.
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4 min read2 Mar 2026, 05:50 AM IST
Summary
The US is now the largest source of inward remittances, accounting for 27.7% of such flows into India as of FY24, per latest data from the RBI. The UAE, which was the largest source in FY17, is now the second largest, while nations like Saudi Arabia and Kuwait slipped further down.
Catch all the Business News , Economy news , Breaking News Events andLatest News Updates on Live Mint. Download TheMint News App to get Daily Market Updates.
More