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In 1991 Indian remittances were valued at US$2.1 billion; [5] [12] in 2006, they were estimated at between $22 billion [13] and $25.7 billion. [ 4 ] which grew to $67.6 billion in 2012–13, up from $66.1 billion the fiscal year, 2011–2012, [ 6 ] when the remittance exceed the foreign direct investment (FDI) inflow of $46.84 billion into India.
In 2023, the total annual value of UPI transactions in India reached ₹182 lakh crore (equivalent to $2.2 trillion), reflecting a 59% increase in transaction volume and 45% increase in transaction value compared to 2022. [12] UPI transactions in July 2024 averaged ₹1,430 per transfer, with the system processing 5,390 payments every second. [13]
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
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A nickel is a five-cent coin struck by the United States Mint.Composed of cupronickel (75% copper and 25% nickel), the piece has been issued since 1866.Its diameter is 0.835 inches (21.21 mm) and its thickness is 0.077 inches (1.95 mm).
Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai.It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. [6]