Money sent overseas through the Liberalised Remittance Scheme (LRS) has broadly plateaued over the past two years, with FY26 outflows of $29.98 billion marginally higher than $29.56 billion in FY25 and down from $31.73 billion in FY24, RBI data showed. Education has seen the most dramatic decline of any category due to clampdowns in the US and elsewhere. Against the broader trend, investment has been the standout growth story. Outflows into overseas equity and debt markets have risen consistently, nearly doubling over three years.
