India's remittance growth to halve in 2024: World Bank
India's efforts to link its UPI with source countries such as the UAE and Singapore are expected to reduce costs and speed up remittances, says World Bank
India's efforts to link its UPI with source countries such as the UAE and Singapore are expected to reduce costs and speed up remittances, says World Bank
The World Bank says it’ll be for the first time a single country will achieve that mark in yearly remittances. With a share of 23%, the U.S. surpassed the UAE as the top source country in 2020-21.