India, Oct. 21 -- Communist Party of India (Marxist) Rajya Sabha MP John Brittas, on Tuesday, wrote separate letters to Union Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI )Governor Sanjay Malhotra, urging immediate intervention over the reduction in the monthly remittance limit for Indian nationals working in the Maldives.

The Maldivian branches of the State Bank of India (SBI) have reduced the permissible monthly remittance ceiling from around USD 400 to USD 150, effective October 25, 2025.

"The remittance facility, which initially had no ceiling, was gradually brought down over time to the current meagre limit of USD 150 per month. Notably, a large majority of the Indian expatriates in the Maldives are teachers, ...