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INDIA QATAR REMITTANCE
Qatar launches new UPI route to send money to IndiaQatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This s...- UPI hits record Rs 29.9 lakh crore in July, 23.66 billion transactionsUPI transactions reached a new high of Rs 29.9 lakh crore in July. The volume of these transactions also saw a significant increase during ...
- UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...
- Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
- India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
- UPI debuts in Qatar, boosts remittances for expatsIndia's Unified Payments Interface (UPI) has officially launched in Qatar, expanding beyond select airport duty-free shops to all retail ou...
- India highest recipient of remittances at $79 bn in 2018: World BankIndia was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 billion), and Egypt (USD 29 billion).
- For every $1 billion remitted, 117 Indians die in 6 Gulf nationsThe embassies in Gulf countries have not been forthcoming in providing data under RTI on the number of deaths.
- 117 Indians died for every billion USD remitted from gulf countries: CHRIThe data was provided by Indian missions in Bahrain, Oman, Qatar and Saudi Arabia but the Embassy in the UAE refused to give information. T...
- How economic downturn in Gulf states has resulted in a drop in remittances into IndiaIndia, the largest remittance-receiving country worldwide, witnessed a near 9% drop in NRI pay-in flows to $62.7 billion in 2016 over the p...
- Doha Bank sets ball rolling to start subsidiary in IndiaRBI has promised to treat foreign banks opening local subsidiaries equally with local lenders, giving them the freedom to open branches and...
- India's highest amount of remittances comes from the gulfIndia gets the highest amount of remittances in the world at roughly $70 billion, almost three times the amount of FDI that comes into the ...
- Gujarat's business delegation invites investments from QatarA business meeting for the "Vibrant Gujarat 2015 Middle East Delegation" was co-hosted by the Indian Embassy and a Doha-based bank in Qatar.
- GCC slowdown cause for concern, say expertsThe good news is that there is no fall, and indeed a rise, in inward remittances to India, but the gloomy side is that in the years ahead, ...
- QNB ties up with India's HDFC BankQNB has joined hands with India's HDFC Bank to offer Indian expatriates a range of products and services, including fast online remittance ...
- CBoP launches new remittance scheme for UAE clientsNew generation private sector lender Centurion bank of Punjab (CBoP) on Tuesday launched a remittance option scheme 'SmartRemit - Gulf' for...
- ICICI to boost UAE presenceWith non-resident Indians (NRIs) sending home some $ 6 billion annually in remittances from the GCC, the region is attractive to Indian ban...
- Doha Bank cuts remittance deal with State BankQatar-based Doha Bank is pitching for a significant presence in the Indian market. The bank is currently in the process of holding presenta...
- IndusInd launches e-remittance facility with Doha bankUnion Minister for Overseas Indian Affairs Vayalar Ravi has inaugurated the new generation private sector IndusInd bank’s e-remittance faci...
- BOI launches 'Speed Remittance' service in UAEAiming to grab a greater share of the multi-billion dollar remittance market, state-owned Bank of India has launched a new electronic money...
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