India tops global remittance charts at USD 125 billion in 2023: World Bank report

Dec 18, 2023

According to the World Bank, the report highlights India's significant position as the top remittance recipient, drawing attention to the evolving dynamics in the...

Stilt launches remittance product for immigrants

Feb 19, 2021

New Delhi [India], February 19 (ANI/Digpu): Stilt, the leading provider of financial services for immigrants, today announced it has added remittance services for its...

RBI invites comments on draft rules for dividend payout by banks

Jan 07, 2026

The Reserve Bank of India (RBI) has invited public comments on the draft "Reserve Bank of India (Prudential Norms on Dividend and Remittance of...

Fairexpay and PhysicsWallah's Acadfly Partner to Provide Student Remittances for Overseas Education

Jun 25, 2025

New Delhi [India], June 25: In an attempt to change the way students transfer funds for education and living expenses abroad, Fairexpay has partnered...

20 pc tax to be collected at source from July under remittance scheme for some items

May 18, 2023

Tax Collected at Source (TCS) under Liberalised Remittance Scheme for the sale of overseas tour packages and any other remittance (such as for bonds,...

IndusInd Bank partners with Wise on multi-partner Indus Fast Remit platform to offer low-cost and seamless online inward remittance to India

Jun 16, 2023

Mumbai (Maharashtra) [India], June 16: IndusInd Bank has today announced its partnership with Wise, the global technology company specializing in moving and managing money...