The United States has pipped United Arab Emirates (UAE) as the top source country, accounting for 23 per cent of overall remittances in the financial year 2020-21, the Reserve Bank of India (RBI) said in its monthly bulletin. This corroborates with the World Bank report (2021)citing economic recovery in the US as one of the important drivers of India’s remittances growth as it accounts for almost 20 per cent of total remittances.