India is expected to be the top recipient of remittances from its Diaspora in 2012, according to a World Bank report. The country is set to receive about $70 billion by the end of the year, with China coming second with remittances of $66 billion, according to the study. Philippines and Mexico, with $24 billion each, and Nigeria with $21 billion follow India and China on the list. The other large recipients include Egypt, Pakistan, Bangladesh, Vietnam, and Lebanon.