Monday, 5 August 2013

Remittance Flow in India


Remittance has grown by 12-15% during January to June 2013 as compared to 2012 due to the rupee getting depreciated. Indians have started exploring variety of avenues which includes loans. NRI's are taking advantage of the recent situation of Online Remittance and are sending maximum money home. It is also predicted to increase 20-25% in the last quarter compared to the same period of the previous year.

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