![India's inbound remittances rise to $125 bn in 2023](https://images.assettype.com/fortuneindia%2F2022-03%2Ffcf040a2-68ba-4684-9bc3-3898633b3e36%2FWorld_Bank.jpg?w=300&q=95)
India's inbound remittances rise to $125 bn in 2023
World Bank says India continues to lead globally in remittance receipts.
World Bank says India continues to lead globally in remittance receipts.
UPI transactions see 61% year-on-year growth in volume terms, while 47% YoY growth in terms of the transaction amount
An Indian user can remit up to ₹60,000 in a day, says the RBI.