India’s Inward Remittances Survey 2016-17 - आरबीआय - Reserve Bank of India
India’s Inward Remittances Survey 2016-17
Today, the Reserve Bank released the results of its survey on India’s inward remittances in 2016-17, the fourth in the series.1 It captures various aspects relating to remittances – source; destination; purpose of inward remittances; size; prevalent mode of transmission; and receivers’/ senders’ cost of remittances. Responses were received from 42 major authorised dealers (ADs), accounting for 98.3 per cent of total remittances in 2016-17. A separate questionnaire was circulated among three major Money Transfer Operators (MTOs) that have large remittance operations in India. Highlights
Ajit Prasad Press Release : 2018-2019/361
1 The third round of the survey was published in the December 2013 issue of the RBI Bulletin. |