RBI Bulletin

(` crore)

Item

2007-08

2008-09

Credit

Debit

Net

Credit

Debit

Net

1

2

3

4

5

6

A.

CURRENT ACCOUNT

I. MERCHANDISE

6,68,008

10,35,672

-3,67,664

8,57,960

14,05,412

-5,47,452

II. INVISIBLES (a+b+c)

5,98,088

2,93,902

3,04,185

7,70,429

3,50,608

4,19,821

a) Services

3,63,042

2,06,798

1,56,244

4,88,010

2,39,604

2,48,406

i) Travel

45,526

37,191

8,335

50,226

43,336

6,890

ii Transportation

40,199

46,278

-6,079

52,073

58,531

-6,458

iii) Insurance

6,586

4,192

2,393

6,531

5,230

1,301

iv) G.n.i.e.

1,331

1,518

-186

1,771

3,777

-2,006

v) Miscellaneous

2,69,400

1,17,618

1,51,781

3,77,409

1,28,730

2,48,679

of which

Software Services

1,62,020

13,494

1,48,526

2,12,242

11,608

2,00,634

Business Services

67,430

66,469

961

85,544

70,922

14,622

Financial Services

12,917

12,560

357

20,425

13,569

6,856

Communication Services

9,682

3,462

6,220

10,525

5,027

5,498

b) Transfers

1,77,745

9,293

1,68,452

2,16,906

12,568

2,04,338

i) Official

3,024

2,073

951

3,029

1,900

1,129

ii) Private

1,74,721

7,220

1,67,501

2,13,877

10,668

2,03,209

c) Income

57,300

77,811

-20,511

65,513

98,436

-32,923

i) Investment Income

55,451

73,410

-17,959

61,723

92,418

-30,695

ii) Compensation of Employees

1,849

4,402

-2,552

3,790

6,018

-2,228

Total Current Account (I+II)

12,66,096

13,29,575

-63,479

16,28,389

17,56,020

-1,27,631

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

10,86,530

9,12,135

1,74,395

7,55,703

7,33,018

22,685

a) Foreign Direct Investment (i+ii)

1,49,902

86,125

63,776

1,76,679

88,945

87,734

i) In India

1,39,885

465

1,39,420

1,71,592

773

1,70,819

Equity

1,07,749

434

1,07,315

1,26,394

773

1,25,621

Reinvested Earnings

30,916

–

30,916

41,541

–

41,541

Other Capital

1,220

31

1,189

3,657

–

3,657

ii) Abroad

10,017

85,660

-75,644

5,087

88,172

-83,085

Equity

10,017

67,956

-57,939

5,087

68,976

-63,889

Reinvested Earnings

–

4,365

-4,365

–

4,986

-4,986

Other Capital

–

13,340

-13,340

–

14,210

-14,210

b) Portfolio Investment

9,36,628

8,26,009

1,10,619

5,79,024

6,44,073

-65,049

i) In India

9,35,683

8,25,715

1,09,968

5,78,344

6,42,544

-64,200

of which

FIIs

9,07,936

8,25,715

82,221

5,73,451

6,42,548

-69,097

ADR/GDRs

26,556

–

26,556

4,890

–

4,890

ii) Abroad

945

294

651

680

1,529

-849

2. Loans (a+b+c)

3,30,331

1,66,840

1,63,491

2,85,412

2,50,612

34,800

a) External Assistance

17,019

8,553

8,466

24,435

12,877

11,558

i) By India

94

112

-18

332

1,913

-1,581

ii) To India

16,925

8,441

8,484

24,103

10,964

13,139

b) Commercial Borrowings

1,21,942

30,855

91,086

70,846

34,316

36,530

i) By India

6,412

6,538

-126

9,225

3,643

5,582

ii) To India

1,15,529

24,317

91,212

61,621

30,673

30,948

c) Short Term to India

1,91,370

1,27,432

63,939

1,90,131

2,03,419

-13,288

i) Suppliers’ Credit >180 days & Buyers’ Credit

1,71,184

1,27,432

43,752

1,77,843

1,77,675

168

ii) Suppliers’ Credit up to180 days

20,187

–

20,187

12,288

25,744

-13,456

3. Banking Capital (a+b)

2,23,979

1,76,824

47,155

2,95,408

3,14,613

-19,205

a) Commercial Banks

2,23,664

1,75,113

48,551

2,94,843

3,11,869

-17,026

i) Assets

78,366

50,734

27,632

1,14,753

1,30,576

-15,823

ii) Liabilities

1,45,298

1,24,379

20,919

1,80,090

1,81,293

-1,203

of which: Non-Resident Deposits

1,18,077

1,17,372

705

1,71,047

1,50,617

20,430

b) Others

315

1,712

-1,397

565

2,744

-2,179

4. Rupee Debt Service

–

492

-492

–

471

-471

5. Other Capital

1,17,094

73,716

43,377

85,467

97,258

-11,791

Total Capital Account (1to5)

17,57,933

13,30,007

4,27,926

14,21,990

13,95,972

26,018

C.

Errors & Omissions

5,241

–

5,241

4,498

–

4,498

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

30,29,270

26,59,582

3,69,689

30,54,877

31,51,992

-97,115

E.

Monetary Movements (i+ii)

–

3,69,689

-3,69,689

97,115

–

97,115

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves ( Increase - / Decrease +)

–

3,69,689

-3,69,689

97,115

–

97,115

of which: SDR allocation

–

–

–

–

–

–

P: Preliminary.       PR: Partially Revised.

No. 40: India’s Overall Balance of Payments (Contd.)

(` crore)

Item

2009-10 PR

2010-11 P

Credit

Debit

Net

Credit

Debit

Net

7

8

9

10

11

12

A.

CURRENT ACCOUNT

I. MERCHANDISE

8,62,333

14,23,079

-5,60,746

11,39,517

17,34,545

-5,95,028

II. INVISIBLES (a+b+c)

7,74,512

3,94,392

3,80,120

8,99,484

5,06,990

3,92,494

a) Services

4,53,246

2,83,403

1,69,843

6,00,636

3,83,578

2,17,058

i) Travel

56,045

44,240

11,805

69,488

51,152

18,336

ii) Transportation

52,902

56,398

-3,496

64,992

63,215

1,777

iii) Insurance

7,598

6,102

1,496

8,871

6,379

2,492

iv) G.n.i.e.

2,083

2,487

-404

2,430

3,734

-1,304

v) Miscellaneous

3,34,618

1,74,176

1,60,442

4,54,855

2,59,098

1,95,757

of which

Software Services

2,35,161

6,992

2,28,169

2,68,538

10,000

2,58,538

Business Services

53,749

85,312

-31,563

1,09,479

1,26,909

-17,430

Financial Services

17,716

21,927

-4,211

29,659

34,078

-4,419

Communication Services

5,858

6,407

-549

7,117

5,245

1,872

b) Transfers

2,59,244

10,967

2,48,277

2,57,386

14,216

2,43,170

i) Official

3,403

2,239

1,164

2,938

2,870

68

ii) Private

2,55,841

8,728

2,47,113

2,54,448

11,346

2,43,102

c) Income

62,022

1,00,022

-38,000

41,462

1,09,196

-67,734

i) Investment Income

57,689

91,969

-34,280

36,379

99,731

-63,352

ii) Compensation of Employees

4,333

8,053

-3,720

5,083

9,465

-4,382

Total Current Account (I+II)

16,36,845

18,17,471

-1,80,626

20,39,002

22,41,534

-2,02,532

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

9,43,447

6,99,806

2,43,641

13,04,426

11,32,272

1,72,154

a) Foreign Direct Investment (i+ii)

1,83,186

93,511

89,675

1,50,131

1,17,355

32,776

i) In India

1,79,723

21,829

1,57,894

1,38,496

31,898

1,06,598

Equity

1,29,326

19,977

1,09,349

92,591

29,621

62,970

Reinvested Earnings

41,125

–

41,125

42,937

–

42,937

Other Capital

9,272

1,852

7,420

2,968

2,277

691

ii) Abroad

3,463

71,682

-68,219

11,635

85,457

-73,822

Equity

3,463

47,794

-44,331

11,635

46,581

-34,946

Reinvested Earnings

–

5,143

-5,143

–

4,939

-4,939

Other Capital

–

18,745

-18,745

–

33,937

-33,937

b) Portfolio Investment

7,60,261

6,06,295

1,53,966

11,54,295

10,14,917

1,39,378

i) In India

7,59,004

6,05,119

1,53,885

11,50,761

10,06,082

1,44,679

of which

FIIs

7,43,016

6,05,119

1,37,897

11,41,396

10,06,082

1,35,314

ADR/GDRs

15,994

–

15,994

9,366

–

9,366

ii) Abroad

1,257

1,176

81

3,534

8,835

-5,301

2. Loans (a+b+c)

3,49,720

2,88,047

61,673

4,86,050

3,59,057

1,26,993

a) External Assistance

27,863

14,251

13,612

35,868

13,388

22,480

i) By India

247

1,992

-1,745

346

455

-109

ii) To India

27,616

12,259

15,357

35,522

12,933

22,589

b) Commercial Borrowings

70,371

57,188

13,183

1,05,152

50,816

54,336

i) By India

4,610

7,101

-2,491

8,350

6,913

1,437

ii) To India

65,761

50,087

15,674

96,802

43,903

52,899

c) Short Term to India

2,51,486

2,16,608

34,878

3,45,030

2,94,853

50,177

i) Suppliers’ Credit > 180 days & Buyers’ Credit

2,29,568

2,07,865

21,703

3,28,353

2,94,853

33,500

ii) Suppliers’ Credit up to 180 days

21,918

8,743

13,175

16,677

–

16,677

3. Banking Capital (a+b)

2,92,105

2,82,261

9,844

4,19,277

3,97,252

22,025

a) Commercial Banks

2,89,280

2,80,091

9,189

4,11,575

3,91,867

19,708

i) Assets

81,517

72,633

8,884

1,59,935

1,75,493

-15,558

ii) Liabilities

2,07,763

2,07,458

305

2,51,640

2,16,374

35,266

of which: Non-Resident Deposits

1,96,435

1,82,181

14,254

2,24,283

2,09,461

14,822

b) Others

2,825

2,170

655

7,702

5,385

2,317

4. Rupee Debt Service

–

452

-452

–

313

-313

5. Other Capital

54,300

1,16,874

-62,574

45,781

93,507

-47,726

Total Capital Account (1to5)

16,39,572

13,87,440

2,52,132

22,55,534

19,82,401

2,73,133

C.

Errors & Omissions

–

7,269

-7,269

–

11,152

-11,152

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

32,76,417

32,12,180

64,237

42,94,536

42,35,087

59,449

E.

Monetary Movements (i+ii)

–

64,237

-64,237

–

59,449

-59,449

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves ( Increase - / Decrease +)

–

64,237

-64,237

–

59,449

-59,449

of which: SDR allocation

–

24,983

-24,983

–

–

–

No. 40: India’s Overall Balance of Payments (Contd.)

(` crore)

Item

Apr-June 2008

July-Sept 2008

Credit

Debit

Net

Credit

Debit

Net

13

14

15

16

17

18

A.

CURRENT ACCOUNT

I. MERCHANDISE

2,39,332

3,44,307

-1,04,975

2,34,792

4,06,064

-1,71,272

II. INVISIBLES (a+b+c)

1,66,564

75,754

90,810

2,05,410

87,832

1,17,578

a) Services

98,374

51,420

46,954

1,26,967

59,214

67,753

i) Travel

10,431

9,012

1,419

12,196

11,868

328

ii) Transportation

10,894

13,863

-2,969

13,314

16,421

-3,107

iii) Insurance

1,457

946

511

1,652

1,340

312

iv) G.n.i.e.

541

460

81

355

418

-63

v) Miscellaneous

75,051

27,139

47,912

99,450

29,167

70,283

of which

Software Services

50,324

3,514

46,810

53,061

2.999

50,062

Business Services

17,025

13,403

3,622

23,685

17,144

6,541

Financial Services

2,563

2,583

-20

7,323

4,229

3,094

Communication Services

2,125

944

1,181

3,239

1,298

1,941

b) Transfers

53,307

2,725

50,582

60,297

3,637

56,660

i) Official

616

447

169

222

424

-202

ii) Private

52,691

2,278

50,413

60,075

3,213

56,862

c) Income

14,883

21,609

-6,726

18,146

24,981

-6,835

i) Investment Income

14,239

20,241

-6,002

16,878

23,532

-6,654

ii) Compensation of Employees

644

1,368

-724

1,268

1,449

-181

Total Current Account (I+II)

4,05,896

4,20,061

-14,165

4,40,202

4,93,896

-53,694

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

2,23,581

2,02,797

20,784

2,30,063

2,11,242

18,821

a) Foreign Direct Investment (i+ii)

53,760

15,452

38,308

43,428

18,867

24,561

i) In India

52,778

89

52,689

42,046

229

41,817

Equity

42,689

89

42,600

32,012

229

31,783

Reinvested Earnings

9,406

–

9,406

9,885

–

9,885

Other Capital

683

–

683

149

–

149

ii) Abroad

982

15,363

-14,381

1,382

18,638

-17,256

Equity

982

11,085

-10,103

1,382

14,443

-13,061

Reinvested Earnings

–

1,129

-1,129

–

1,187

-1,187

Other Capital

–

3,149

-3,149

–

3,008

-3,008

b) Portfolio Investment

1,69,821

1,87,345

-17,524

1,86,635

1,92,375

-5,740

i) In India

1,69,728

1,87,129

-17,401

1,86,579

1,92,277

-5,698

of which

FIIs

1,65,566

1,87,131

-21,565

1,85,984

1,92,276

-6,292

ADR/GDRs

4,161

–

4,161

595

–

595

ii) Abroad

93

216

-123

56

98

-42

2. Loans (a+b+c)

66,239

40,424

25,815

71,382

60,148

11,234

a) External Assistance

3,920

2,728

1,192

4,912

2,946

1,966

i) By India

75

433

-358

79

455

-376

ii) To India

3,845

2,295

1,550

4,833

2,491

2,342

b) Commercial Borrowings

11,473

5,292

6,181

15,645

8,139

7,506

i) By India

1,680

793

887

2,327

605

1,722

ii) To India

9,793

4,499

5,294

13,318

7,534

5,784

c) Short Term to India

50,846

32,404

18,442

50,825

49,063

1,762

i) Suppliers’ Credit >180 days & Buyers’ Credit

38,558

32,404

6,154

50,825

42,754

8,071

ii) Suppliers’ Credit up to 180 days

12,288

–

12,288

–

6,309

-6,309

3. Banking Capital (a+b)

91,588

80,359

11,229

71,626

61,666

9,960

a) Commercial Banks

91,588

79,728

11,860

71,626

61,655

9,971

i) Assets

47,726

43,876

3,850

28,879

22,564

6,315

ii) Liabilities

43,862

35,852

8,010

42,747

39,091

3,656

of which : Non-Resident Deposits

37,898

34,509

3,389

40,172

39,040

1,132

b) Others

–

631

-631

–

11

-11

4. Rupee Debt Service

–

123

-123

–

12

-12

5. Other Capital

19,178

54,215

-35,037

21,391

33,631

-12,240

Total Capital Account (1to5)

4,00,586

3,77,918

22,668

3,94,462

3,66,699

27,763

C.

Errors & Omissions

807

–

807

5,206

–

5,206

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

8,07,289

7,97,979

9,310

8,39,870

8,60,595

-20,725

E.

Monetary Movements (i+ii)

–

9,310

-9,310

20,725

–

20,725

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves ( Increase - / Decrease +)

–

9,310

-9,310

20,725

–

20,725

Of which: SDR Allocation

–

–

–

–

–

–

No. 40: India’s Overall Balance of Payments (Contd.)

(` crore)

Item

Oct-Dec 2008

Jan-Mar 2009

Credit

Debit

Net

Credit

Debit

Net

19

20

21

22

23

24

A.

CURRENT ACCOUNT

I. MERCHANDISE

1,92,300

3,62,934

-1,70,634

1,91,536

2,92,107

-1,00,571

II. INVISIBLES (a+b+c)

2,06,832

94,080

1,12,752

1,91,623

92,942

98,681

a) Services

1,37,643

63,874

73,769

1,25,026

65,096

59,930

i) Travel

14,260

9,487

4,773

13,339

12,969

370

ii) Transportation

13,351

15,806

-2,455

14,514

12,441

2,073

iii) Insurance

1,692

1,305

387

1,730

1,639

91

iv) G.n.i.e.

471

1,134

-663

404

1,765

-1,361

v) Miscellaneous

1,07,869

36,142

71,727

95,039

36,282

58,757

of which

Software Services

54,975

2,828

52,147

53,882

2,267

51,615

Business Services

23,655

17,397

6,258

21,179

22,978

-1,799

Financial Services

5,422

3,607

1,815

5,117

3,150

1,967

Communication Services

2,667

1,252

1,415

2,494

1,533

961

b) Transfers

53,625

4,122

49,503

49,677

2,084

47,593

i) Official

1,390

477

913

801

552

249

ii) Private

52,235

3,645

48,590

48,876

1,532

47,344

c) Income

15,564

26,084

-10,520

16,920

25,762

-8,842

i) Investment Income

14,628

24,435

-9,807

15,978

24,210

-8,232

ii) Compensation of Employees

936

1,649

-713

942

1,552

-610

Total Current Account (I+II)

3,99,132

4,57,014

-57,882

3,83,159

3,85,049

-1,890

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

1,64,376

1,89,299

-24,923

1,37,683

1,29,680

8,003

a) Foreign Direct Investment (i+ii)

34,679

31,217

3,462

44,812

23,409

21,403

i) In India

33,653

141

33,512

43,115

314

42,801

Equity

20,076

141

19,935

31,617

314

31,303

Reinvested Earnings

11,011

–

11,011

11,239

–

11,239

Other Capital

2,566

–

2,566

259

–

259

ii) Abroad

1,026

31,076

-30,050

1,697

23,095

-21,398

Equity

1,026

24,479

-23,453

1,697

18,969

-17,272

Reinvested Earnings

–

1,321

-1,321

–

1,349

-1,349

Other Capital

–

5,276

-5,276

–

2,777

-2,777

b) Portfolio Investment

1,29,697

1,58,082

-28,385

92,871

1,06,271

-13,400

i) In India

1,29,554

1,57,773

-28,219

92,483

1,05,365

-12,882

of which

FIIs

1,29,520

1,57,773

-28,253

92,381

1,05,368

-12,987

ADR/GDRs

34

–

34

100

–

100

ii) Abroad

143

309

-166

388

906

-518

2. Loans (a+b+c)

77,059

75,185

1,874

70,732

74,855

-4,123

a) External Assistance

8,251

3,699

4,552

7,352

3,504

3,848

i) By India

88

507

-419

90

518

-428

ii) To India

8,163

3,192

4,971

7,262

2,986

4,276

b) Commercial Borrowings

26,310

8,406

17,904

17,418

12,479

4,939

i) By India

3,230

721

2,509

1,988

1,524

464

ii) To India

23,080

7,685

15,395

15,430

10,955

4,475

c) Short Term to India

42,498

63,080

-20,582

45,962

58,872

-12,910

i) Suppliers’ Credit >180 days & Buyers’ Credit

42,498

50,504

-8,006

45,962

52,013

-6,051

ii) Suppliers’ Credit up to 180 days

–

12,576

-12,576

–

6,859

-6,859

3. Banking Capital (a+b)

72,315

96,483

-24,168

59,879

76,105

-16,226

a) Commercial Banks

72,303

94,381

-22,078

59,326

76,105

-16,779

i) Assets

25,317

36,772

-11,455

12,831

27,364

-14,533

ii) Liabilities

46,986

57,609

-10,623

46,495

48,741

-2,246

of which : Non-Resident Deposits

46,532

41,453

5,079

46,445

35,615

10,830

b) Others

12

2,102

-2,090

553

–

553

4. Rupee Debt Service

–

–

–

–

336

-336

5. Other Capital

24,406

3,379

21,027

20,492

6,033

14,459

Total Capital Account (1to5)

3,38,156

3,64,346

-26,190

2,88,786

2,87,009

1,777

C.

Errors & Omissions

–

3,121

-3,121

1,606

–

1,606

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

7,37,288

8,24,481

-87,193

6,73,551

6,72,058

1,493

E.

Monetary Movements (i+ii)

87,193

–

87,193

–

1,493

-1,493

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves ( Increase - / Decrease +)

87,193

–

87,193

–

1,493

-1,493

Of which: SDR Allocation

–

–

–

–

–

–

No. 40: India’s Overall Balance of Payments (Contd.)

(` crore)

Item

Apr-June 2009 PR

July-Sept 2009 PR

Credit

Debit

Net

Credit

Debit

Net

25

26

27

28

29

30

A.

CURRENT ACCOUNT

I. MERCHANDISE

1,91,086

3,19,245

-1,28,159

2,10,146

3,53,374

-1,43,228

II. INVISIBLES (a+b+c)

1,88,744

80,907

1,07,837

1,96,100

97,290

98,810

a) Services

1,09,243

53,454

55,789

1,03,458

66,356

37,102

i) Travel

11,207

9,929

1,278

13,165

11,412

1,753

ii) Transportation

12,202

13,549

-1,347

12,443

10,754

1,689

iii) Insurance

1,893

1,532

361

1,859

1,651

208

iv) G.n.i.e.

488

503

-15

484

629

-145

v) Miscellaneous

83,453

27,941

55,512

75,507

41,910

33,597

of which

Software Services

53,687

1,908

51,779

54,261

2,121

52,140

Business Services

12,617

16,076

-3,459

12,124

22,330

-10,206

Financial Services

5,445

4,074

1,371

3,544

5,495

-1,951

Communication Services

2,039

1,356

683

1,486

1,515

-29

b) Transfers

65,108

2,293

62,815

69,648

2,750

66,898

i) Official

229

537

-308

813

523

290

ii) Private

64,879

1,756

63,123

68,835

2,227

66,608

c) Income

14,393

25,160

-10,767

22,994

28,184

-5,190

i) Investment Income

13,285

23,448

-10,163

22,001

26,528

-4,527

ii) Compensation of Employees

1,108

1,712

-604

993

1,656

-663

Total Current Account (I+II)

3,79,830

4,00,152

-20,322

4,06,246

4,50,664

-44,418

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

2,36,997

1,73,108

63,889

2,70,846

1,87,666

83,180

a) Foreign Direct Investment (i+ii)

48,550

25,000

23,550

56,067

19,740

36,327

i) In India

47,940

4,518

43,422

55,607

3,060

52,547

Equity

35,567

4,391

31,176

41,382

2,891

38,491

Reinvested Earnings

10,573

–

10,573

10,492

–

10,492

Other Capital

1,800

127

1,673

3,733

169

3,564

ii) Abroad

610

20,482

-19,872

460

16,680

-16,220

Equity

610

14,554

-13,944

460

10,347

-9,887

Reinvested Earnings

–

1,322

-1,322

–

1,312

-1,312

Other Capital

–

4,606

-4,606

–

5,021

-5,021

b) Portfolio Investment

1,88,447

1,48,108

40,339

2,14,779

1,67,926

46,853

i) In India

1,88,335

1,47,986

40,349

2,14,760

1,67,790

46,970

of which

FIIs

1,88,125

1,47,986

40,139

2,01,867

1,67,790

34,077

GDRs/ADRs

210

–

210

12,898

–

12,898

ii) Abroad

112

122

-10

19

136

-117

2. Loans (a+b+c)

63,972

70,954

-6,982

80,508

65,339

15,169

a) External Assistance

4,947

3,552

1,395

7,151

3,583

3,568

i) By India

63

512

-449

63

508

-445

ii) To India

4,884

3,040

1,844

7,088

3,075

4,013

b) Commercial Borrowings

9,621

11,871

-2,250

15,605

9,848

5,757

i) By India

1,190

1,625

-435

997

1,041

-44

ii) To India

8,431

10,246

-1,815

14,608

8,807

5,801

c) Short Term to India

49,404

55,531

-6,127

57,752

51,908

5,844

i) Suppliers’ Credit >180 days & Buyers’ Credit

49,404

46,788

2,616

53,230

51,908

1,322

ii) Suppliers’ Credit up to 180 days

–

8,743

-8,743

4,522

–

4,522

3. Banking Capital (a+b)

75,998

92,421

-16,423

80,097

58,739

21,358

a) Commercial Banks

75,998

91,255

-15,257

80,097

58,047

22,050

i) Assets

21,311

33,889

-12,578

29,685

8,376

21,309

ii) Liabilities

54,687

57,366

-2,679

50,412

49,671

741

of which : Non-Resident Deposits

54,507

45,637

8,870

50,073

45,004

5,069

b) Others

–

1,166

-1,166

–

692

-692

4. Rupee Debt Service

–

112

-112

–

5

-5

5. Other Capital

2,693

25,219

-22,526

33,398

59,626

-26,228

Total Capital Account (1to5)

3,79,660

3,61,814

17,846

4,64,849

3,71,375

93,474

C.

Errors & Omissions

3,037

–

3,037

–

3,456

-3,456

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

7,62,527

7,61,966

561

8,71,095

8,25,495

45,600

E.

Monetary Movements (i+ii)

–

561

-561

–

45,600

-45,600

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves ( Increase - / Decrease +)

–

561

-561

–

45600

-45600

Of which: SDR Allocation

–

–

–

–

24983

-24,983

No. 40: India’s Overall Balance of Payments (Contd.)

(` crore)

Item

Oct-Dec 2009 PR

Jan-Mar 2010 PR

Credit

Debit

Net

Credit

Debit

Net

31

32

33

34

35

36

A.

CURRENT ACCOUNT

I. MERCHANDISE

2,19,997

3,64,237

-1,44,240

2,41,104

3,86,223

-1,45,119

II. INVISIBLES (a+b+c)

1,88,759

1,01,431

87,328

2,00,909

1,14,764

86,145

a) Services

1,12,676

74,590

38,086

1,27,869

89,003

38,866

i) Travel

16,044

10,783

5,261

15,629

12,116

3,513

ii) Transportation

13,950

15,699

-1,749

14,307

16,396

-2,089

iii) Insurance

1,903

1,422

481

1,943

1,497

446

iv) G.n.i.e.

578

625

-47

533

730

-197

v) Miscellaneous

80,201

46,061

34,140

95,457

58,264

37,193

of which

Software Services

61,550

1,553

59,997

65,663

1,410

64,253

Business Services

11,473

21,319

-9,846

17,535

25,587

-8,052

Financial Services

3,661

5,391

-1,730

5,066

6,967

-1,901

Communication Services

1,208

1,777

-569

1,125

1,759

-634

b) Transfers

63,789

2,976

60,813

60,699

2,948

57,751

i) Official

1,782

527

1,255

579

652

-73

ii) Private

62,007

2,449

59,558

60,120

2,296

57,824

c) Income

12,294

23,865

-11,571

12,341

22,813

-10,472

i) Investment Income

11,123

21,440

-10,317

11,280

20,553

-9,273

ii) Compensation of Employees

1,171

2,425

-1,254

1,061

2,260

-1,199

Total Current Account (I+II)

4,08,756

4,65,668

-56,912

4,42,014

5,00,986

-58,972

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

2,08,425

1,67,739

40,686

2,27,179

1,71,293

55,886

a) Foreign Direct Investment (i+ii)

41,546

27,373

14,173

37,023

21,398

15,625

i) In India

40,641

6,852

33,789

35,535

7,399

28,136

Equity

27,792

5,751

22,041

24,585

6,944

17,641

Reinvested Earnings

10,107

–

10,107

9,953

–

9,953

Other Capital

2,742

1,101

1,641

997

455

542

ii) Abroad

905

20,521

-19,616

1,488

13,999

-12,511

Equity

905

15,871

-14,966

1,488

7,022

-5,534

Reinvested Earnings

–

1,264

-1,264

–

1,245

-1,245

Other Capital

–

3,386

-3,386

–

5,732

-5,732

b) Portfolio Investment

1,66,879

1,40,366

26,513

1,90,156

1,49,895

40,261

i) In India

1,66,828

1,40,109

26,719

1,89,081

1,49,234

39,847

of which

FIIs

1,64,613

1,40,109

24,504

1,88,411

1,49,234

39,177

GDRs/ADRs

2,215

–

2,215

671

–

671

ii) Abroad

51

257

-206

1,075

661

414

2. Loans (a+b+c)

93,759

67,151

26,608

1,11,480

84,603

26,877

a) External Assistance

7,677

3,741

3,936

8,087

3,375

4,712

i) By India

61

490

-429

60

482

-422

ii) To India

7,616

3,251

4,365

8,028

2,893

5,135

b) Commercial Borrowings

21,221

13,254

7,967

23,924

22,215

1,709

i) By India

1,059

2,658

-1,599

1,364

1,777

-413

ii) To India

20,162

10,596

9,566

22,560

20,438

2,122

c) Short Term to India

64,861

50,156

14,705

79,469

59,013

20,456

i) Suppliers’ Credit >180 days & Buyers’ Credit

56,223

50,156

6,067

70,711

59,013

11,698

ii) Suppliers’ Credit up to 180 days

8,638

–

8,638

8,758

–

8,758

3. Banking Capital (a+b)

70,760

61,712

9,048

65,250

69,390

-4,140

a) Commercial Banks

67,990

61,400

6,590

65,195

69,390

-4,195

i) Assets

14,304

8,740

5,564

16,217

21,628

-5,411

ii) Liabilities

53,686

52,660

1,026

48,978

47,761

1,217

of which : Non-Resident Deposits

47,465

44,624

2,841

44,390

46,916

-2,526

b) Others

2,770

312

2,458

55

–

55

4. Rupee Debt Service

–

–

–

–

335

-335

5. Other Capital

7,448

15,568

-8,120

10,761

16,461

-5,700

Total Capital Account (1to5)

3,80,392

3,12,170

68,222

4,14,670

3,42,083

72,587

C.

Errors & Omissions

–

3,067

-3,067

–

3,782

-3,782

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

7,89,148

7,80,905

8,243

8,56,684

8,46,851

9,833

E.

Monetary Movements (i+ii)

–

8243

-8243

–

9,833

-9,833

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves (Increase - / Decrease +)

–

8,243

-8,243

–

9,833

-9,833

Of which: SDR Allocation

–

–

–

–

–

–

No. 40: India’s Overall Balance of Payments (Contd.)

(` crore)

Item

Apr-June 2010 PR

July-Sept 2010 PR

Credit

Debit

Net

Credit

Debit

Net

37

38

39

40

41

42

A.

CURRENT ACCOUNT

I. MERCHANDISE

2,52,316

3,97,676

-1,45,360

2,41,877

4,15,206

-1,73,329

II. INVISIBLES (a+b+c)

1,97,329

1,07,184

90,145

2,18,027

1,22,791

95,236

a) Services

1,21,548

77,801

43,747

1,45,380

91,109

54,271

i) Travel

13,455

10,654

2,801

15,709

12,887

2,822

ii) Transportation

14,340

14,299

41

15,234

16,383

-1,149

iii) Insurance

1,871

1,414

457

2,055

1,794

261

iv) G.n.i.e.

429

652

-223

581

953

-372

v) Miscellaneous

91,453

50,782

40,671

1,11,801

59,092

52,709

of which

Software Services

59,834

2,623

57,211

61,324

2,720

58,604

Business Services

21,987

26,992

-5,005

27,624

32,486

-4,862

Financial Services

5,603

6,406

-803

8,456

8,856

-400

Communication Services

1,483

1,100

383

1,939

1,237

702

b) Transfers

62,754

3,312

59,442

63,475

3,147

60,328

i) Official

269

643

-374

655

637

18

ii) Private

62,485

2,669

59,816

62,820

2,510

60,310

c) Income

13,027

26,071

-13,044

9,172

28,535

-19,363

i) Investment Income

11,991

23,817

-11,826

8,024

26,466

-18,442

ii) Compensation of Employees

1,036

2,254

-1,218

1,148

2,069

-921

Total Current Account (I+II)

4,49,645

5,04,860

-55,215

4,59,904

5,37,997

-78,093

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

2,40,860

2,06,466

34,394

3,15,148

2,11,966

1,03,182

a) Foreign Direct Investment (i+ii)

39,804

26,422

13,382

39,669

25,708

13,961

i) In India

38,463

10,504

27,959

36,982

5,100

31,882

Equity

27,335

10,394

16,941

25,346

4,807

20,539

Reinvested Earnings

10,749

–

10,749

10,953

–

10,953

Other Capital

379

110

269

683

293

390

ii) Abroad

1,341

15,918

-14,577

2,687

20,608

-17,921

Equity

1,341

9,394

-8,053

2,687

11,543

-8,856

Reinvested Earnings

–

1,236

-1,236

–

1,260

-1,260

Other Capital

–

5,288

-5,288

–

7,805

-7,805

b) Portfolio Investment

2,01,056

1,80,044

21,012

2,75,479

1,86,258

89,221

i) In India

2,00,627

1,79,401

21,226

2,74,777

1,85,277

89,500

of which

FIIs

1,95,544

1,79,401

16,143

2,72,490

1,85,277

87,213

GDRs/ADRs

5,083

–

5,083

2,287

–

2,287

ii) Abroad

429

643

-214

702

981

-279

2. Loans (a+b+c)

1,07,062

66,007

41,055

1,23,865

92,969

30,896

a) External Assistance

14,646

3,458

11,188

5,908

3,194

2,714

i) By India

87

114

-27

88

116

-28

ii) To India

14,559

3,344

11,215

5,820

3,078

2,742

b) Commercial Borrowings

20,212

10,052

10,160

27,675

11,669

16,006

i) By India

844

1,109

-265

1,381

2,585

-1,204

ii) To India

19,368

8,943

10,425

26,294

9,084

17,210

c) Short Term to India

72,204

52,497

19,707

90,282

78,106

12,176

i) Suppliers’ Credit >180 days & Buyers’ Credit

66,984

52,497

14,487

84,852

78,106

6,746

ii) Suppliers’ Credit up to 180 days

5,220

–

5,220

5,430

–

5,430

3. Banking Capital (a+b)

76,401

58,137

18,264

78,994

93,698

-14,704

a) Commercial Banks

76,392

58,027

18,365

78,994

90,890

-11,896

i) Assets

14,888

11,671

3,217

19,502

37,307

-17,805

ii) Liabilities

61,504

46,356

15,148

59,492

53,583

5,909

of which : Non-Resident Deposits

51,338

46,233

5,105

54,262

49,408

4,854

b) Others

9

110

-101

–

2,808

-2,808

4. Rupee Debt Service

–

73

-73

–

5

-5

 5. Other Capital

6,739

23,890

-17,151

3,245

23,291

-20,046

Total Capital Account (1to5)

4,31,062

3,54,573

76,489

5,21,252

4,21,929

99,323

C.

Errors & Omissions

–

4,205

-4,205

–

5,940

-5,940

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

8,80,707

8,63,638

17,069

9,81,156

9,65,866

15,290

E.

Monetary Movements (i+ii)

–

17,069

-17,069

–

15,290

-15,290

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves ( Increase - / Decrease +)

–

17,069

-17,069

–

15,290

-15,290

Of which: SDR Allocation

–

–

–

–

–

–

P: Preliminary        PR: Partially Revised

No. 40: India’s Overall Balance of Payments (Contd.)

(` crore)

Item

Oct-Dec 2010 PR

Jan-Mar 2011 P

Credit

Debit

Net

Credit

Debit

Net

43

44

45

46

47

48

A.

CURRENT ACCOUNT

I. MERCHANDISE

2,95,631

4,36,784

-1,41,153

3,49,693

4,84,879

-1,35,186

II. INVISIBLES (a+b+c)

2,47,077

1,50,683

96,394

2,37,052

1,26,331

1,10,721

a) Services

1,72,970

1,19,611

53,359

1,60,739

95,056

65,683

i) Travel

19,869

12,965

6,904

20,455

14,646

5,809

ii) Transportation

16,657

17,873

-1,216

18,761

14,660

4,101

iii) Insurance

2,274

1,808

466

2,671

1,363

1,308

iv) G.n.i.e.

673

875

-202

747

1,254

-507

v) Miscellaneous

1,33,496

86,090

47,406

1,18,105

63,134

54,971

of which

Software Services

70,361

3,181

67,180

77,019

1,476

75,543

Business Services

31,785

35,952

-4,167

28,083

31,479

-3,396

Financial Services

7,555

8,797

-1,242

8,045

10,019

-1,974

Communication Services

1,902

1,364

538

1,793

1,544

249

b) Transfers

64,700

3,787

60,913

66,457

3,970

62,487

i) Official

1,530

893

637

484

697

-213

ii) Private

63,170

2,894

60,276

65,973

3,273

62,700

c) Income

9,407

27,285

-17,878

9,856

27,305

-17,449

i) Investment Income

8,124

24,692

-16,568

8,240

24,756

-16,516

ii) Compensation of Employees

1,283

2,593

-1,310

1,616

2,549

-933

Total Current Account (I+II)

5,42,708

5,87,467

-44,759

5,86,745

6,11,210

-24,465

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

4,96,096

4,65,021

31,075

2,52,322

2,48,819

3,503

a) Foreign Direct Investment (i+ii)

39,424

36,603

2,821

31,234

28,622

2,612

i) In India

34,561

9,870

24,691

28,490

6,424

22,066

Equity

23,566

8,349

15,217

16,344

6,071

10,273

Reinvested Earnings

10,569

–

10,569

10,666

–

10,666

Other Capital

426

1,521

-1,095

1,480

353

1,127

ii) Abroad

4,863

26,733

-21,870

2,744

22,198

-19,454

Equity

4,863

14,647

-9,784

2,744

10,997

-8,253

Reinvested Earnings

–

1,216

-1,216

–

1,227

-1,227

Other Capital

–

10,870

-10,870

–