Outward remittances under LRS dips 11% in July to 52.93 million 

Outward remittances under LRS dips 11% in July to $2452.93 million 

Outward remittances by resident individuals under the Reserve Bank of India’s Liberalised Remittance Scheme (LRS) were almost 11% lower year on year in July at $2452.93 million on the back of a decline towards travel as well as studies abroad. In the year earlier period, the outward remittances stood were $2754.05 million. For 2024-25, […]

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