It would be good if Indian banks can set up more money-remittance kiosks at foreign workers' dormitories islandwide, says the Indian High Commission.
Setting them up at workers' dormitories was a proactive measure after a riot in the Little India last year.
Based on interaction with Indian workers during visits to dormitories, Ms Vijay Thakur Singh, India's high commissioner to Singapore, said: "One of the issues mentioned in these visits was that of sending back money home as limited facilities are available in and around the dormitories.
One of the ideas that emerged was to see whether banks, including Indian banks, can help in this."
Most workers now brave the crowds on Saturdays and Sundays in Little India to send funds back home on their days off.
The well-being of Indian nationals is "a shared objective between the Indian and Singapore governments, and we're constantly in dialogue with the Singapore authorities, including the Ministry of Manpower", Ms Singh added.
Secretary-general of the Dormitory Association of Singapore Simon Lee told Bloomberg recently: "If remittance can be offered near where they live, they would not have to travel to Little India for this. That can reduce the crowds there."
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