03-March-2026
Banking
 
How will Iran war impact remittances? Bankers forecast short-term rise
02-Mar-2026

Remittance flows to India are expected to remain largely stable despite rising tensions in the West Asia, according to bankers and economists. Any meaningful disruption is unlikely unless the conflict deepens and begins to hurt the region’s economies or the employment prospects of Indian migrant workers. Bankers believe it is still premature to gauge the full impact. The managing director and CEO at a private sector bank said the real risk would emerge only if tensions persist long enough to affect economic activity in the region. “Too early to assess. Unless this is prolonged, which impacts economies in the West Asia, any impact on remittances is expected to be minimal,” he said.

News Source:- https://www.financialexpress.com/business/banking-finance/impact-on-remittances-may-be-minimal-bankers/4159382/