BusinessPhoto: News18 BusinessIndians Sent $20 Billion Abroad in 2026 Under RBI Scheme
Resident Indians remitted over $20 billion overseas from January to August 2026 under the Reserve Bank of India’s Liberalised Remittance Scheme (LRS). The outflows increased by 5.26% compared to the previous year, driven mainly by international travel, overseas investments, and education expenses. Investments in foreign equity and debt also rose sharply, raising concerns about foreign exchange outflows and potential RBI curbs.
News18 Business·




