Remittances to India to decline by 5% in 2016: World Bank
India, the world's largest remittance recipient in 2015, may receive a remittance of USD 65.5 billion this year, a drop of 5 percent, the World Bank has said in a new report citing weak economic growth in remittances-source countries and cyclic low oil prices.
Oct 07, 2016, 15:42 PM IST