According to data from March 2026, Indians remitted $2.59 billion abroad through the Liberalised Remittance Scheme (LRS), reflecting a 10.9% increase compared to the previous month. Despite a seasonal decline in travel-related expenditures, there was a significant surge in investments in equity and debt markets overseas. Deposits abroad also experienced a strong recovery during this period. Meanwhile, remittances for education purposes moderated following a peak in January. These trends highlight shifting priorities in outward remittances under the LRS, influenced by seasonal factors and investment opportunities. Indians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month. Travel spending saw a seasonal dip.
Liberalised remittance scheme outflows rise 10.9% in March 2026
by Riddra Markets Desk · 23 May 2026
Updated 23 May 2026, 2:20 pm
Rising LRS outflows reflect changing priorities in overseas spending and investments by Indian residents.