India received USD 56 billion in remittances

The top remitting countries in 2009 were United States (USD 48.3 billion), Saudi Arabia (USD 26 billion) and Switzerland (USD 19.6 billion).

Dubai crisis may have some impact on remittances: RBI

The Reserve Bank on Thursday said the
financial crisis in Dubai could have some impact on
remittances and would affect those parts of the country that
receive inflows from the Gulf nation in larger quantity.

Dubai crisis may hit remittances: PMEAC

The Prime Minister`s Economic Advisory Council on Friday said the Dubai crisis would not affect the country`s growth rate, but admitted that remittances from the Gulf city-state may slow down.

Financial crisis not to have much impact on remittances: RBI

Global financial crisis has so far failed to significantly slow down inflow of remittances in India, the Reserve Bank said.