Resident Indians' outward remittances climb to USD 2.7 billion in August 2026 while overseas investments decline

Key facts

• Outward remittances by resident Indians rose to USD 2.7 billion in August 2026 from USD 2.6 billion in July, according to Reserve Bank of India (RBI) data collated by 1Lattice.
• Travel remained the largest component of outward remittances, with its share rising to 63 per cent in August from 57 per cent in July.
• Education remittances increased 29 per cent month-on-month in August, with the category's share rising to 7 per cent from 6 per cent in July.
• Family maintenance accounted for 11 per cent of outward remittances in August, unchanged from July, while gifts accounted for 8 per cent compared with 9 per cent in July.
• Investment in overseas property declined around 22 per cent month-on-month in August, with its share falling to around 12 per cent from 13 per cent in July.
• Investments in overseas debt and equity declined nearly 7 per cent to USD 322 million in August from USD 345 million in July.
• Overseas debt and equity investments stood at USD 2.65 billion in FY26, up from USD 1.70 billion in FY25, and at USD 1.06 billion in the April-June quarter of FY27 compared with USD 885 million in January-March.