
Outward remittances under RBI's Liberalised Remittance Scheme (LRS) rose to $2.39 billion in May 2026. Remittances for equity and debt investments more than doubled year-on-year to $363.6 million in May, and were…
Outward remittances under RBI's Liberalised Remittance Scheme (LRS) rose to $2.39 billion in May 2026. Remittances for equity and debt investments more than doubled year-on-year to $363.6 million in May, and were up nearly 96% for the April-May period combined to $603.3 million. Separately, India's retail crypto transaction volume was approximately $46 billion in Q1 2026, according to TRM Labs data cited by Vikaas M Sachdeva, CEO of BitDelta India.
Sachdeva said the data does not suggest investors are choosing one asset class over another, but rather that Indian participation is growing across both overseas equities and digital assets. He cautioned that decisions should depend on individual circumstances, risk appetite, and be made through compliant channels, LRS for overseas investments or FIU-registered platforms for crypto.
The narrative that Indian investors are dumping domestic markets for overseas assets or crypto is overblown. Data shows both channels are growing, not one replacing the other. LRS equity outflows doubled to $603 million in April-May, while retail crypto volumes hit $46 billion in Q1 even as global volumes fell. The lazy framing pits asset classes against each other; the real story is diversification. Watch the next LRS data release in July, if equity remittances keep climbing while crypto volumes hold, the 'either-or' story finally dies.
Source: livemint.com
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