| (₹ Billion) | | Item | Jan-Mar 2016 (PR) | Jan-Mar 2017 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | Overall Balance of Payments(1+2+3) | 17,019 | 16,798 | 221 | 19,018 | 18,528 | 490 | | 1 CURRENT ACCOUNT (1.1+ 1.2) | 8,414 | 8,437 | –23 | 9,267 | 9,498 | –231 | | 1.1 MERCHANDISE | 4,444 | 6,115 | –1,671 | 5,184 | 7,175 | –1,992 | | 1.2 INVISIBLES (1.2.1+1.2.2+1.2.3) | 3,971 | 2,322 | 1,648 | 4,083 | 2,323 | 1,760 | | 1.2.1 Services | 2,661 | 1,575 | 1,085 | 2,728 | 1,547 | 1,182 | | 1.2.1.1 Travel | 399 | 242 | 157 | 450 | 243 | 207 | | 1.2.1.2 Transportation | 240 | 247 | –8 | 283 | 248 | 36 | | 1.2.1.3 Insurance | 35 | 17 | 18 | 40 | 29 | 10 | | 1.2.1.4 G.n.i.e. | 9 | 16 | –7 | 9 | 10 | –1 | | 1.2.1.5 Miscellaneous | 1,978 | 1,054 | 924 | 1,946 | 1,017 | 929 | | 1.2.1.5.1 Software Services | 1,219 | 50 | 1,170 | 1,194 | 65 | 1,128 | | 1.2.1.5.2 Business Services | 492 | 585 | –93 | 558 | 548 | 10 | | 1.2.1.5.3 Financial Services | 66 | 40 | 26 | 67 | 96 | –28 | | 1.2.1.5.4 Communication Services | 41 | 23 | 17 | 45 | 14 | 31 | | 1.2.2 Transfers | 1,062 | 52 | 1,010 | 1,054 | 104 | 951 | | 1.2.2.1 Official | 3 | 15 | –12 | 2 | 14 | –12 | | 1.2.2.2 Private | 1,059 | 37 | 1,022 | 1,052 | 89 | 963 | | 1.2.3 Income | 248 | 695 | –447 | 300 | 672 | –372 | | 1.2.3.1 Investment Income | 192 | 658 | –466 | 226 | 630 | –404 | | 1.2.3.2 Compensation of Employees | 57 | 37 | 19 | 75 | 43 | 32 | | 2 CAPITAL ACCOUNT (2.1+2.2+2.3+2.4+2.5) | 8,594 | 8,361 | 233 | 9,726 | 9,030 | 696 | | 2.1 Foreign Investment (2.1.1+2.1.2) | 4,519 | 4,029 | 490 | 5,701 | 4,643 | 1,059 | | 2.1.1 Foreign Direct Investment | 1,088 | 494 | 594 | 938 | 603 | 335 | | 2.1.1.1 In India | 996 | 227 | 768 | 827 | 214 | 613 | | 2.1.1.1.1 Equity | 735 | 226 | 510 | 534 | 189 | 345 | | 2.1.1.1.2 Reinvested Earnings | 209 | 0 | 209 | 217 | 0 | 217 | | 2.1.1.1.3 Other Capital | 51 | 2 | 50 | 76 | 26 | 50 | | 2.1.1.2 Abroad | 92 | 267 | –175 | 111 | 389 | –278 | | 2.1.1.2.1 Equity | 92 | 160 | –68 | 111 | 233 | –122 | | 2.1.1.2.2 Reinvested Earnings | 0 | 56 | –56 | 0 | 49 | –49 | | 2.1.1.2.3 Other Capital | 0 | 51 | –51 | 0 | 107 | –107 | | 2.1.2 Portfolio Investment | 3,431 | 3,535 | –104 | 4,763 | 4,040 | 724 | | 2.1.2.1 In India | 3,412 | 3,465 | –53 | 4,748 | 4,002 | 746 | | 2.1.2.1.1 FIIs | 3,412 | 3,465 | –53 | 4,748 | 4,002 | 746 | | 2.1.2.1.1.1 Equity | 2,767 | 2,755 | 12 | 3,828 | 3,396 | 432 | | 2.1.2.1.1.2 Debt | 645 | 710 | –65 | 921 | 606 | 314 | | 2.1.2.1.2 ADR/GDRs | 0 | 0 | 0 | 0 | 0 | 0 | | 2.1.2.2 Abroad | 19 | 70 | –51 | 15 | 37 | –22 | | 2.2 Loans (2.2.1+2.2.2+2.2.3) | 2,208 | 2,123 | 86 | 2,296 | 2,029 | 267 | | 2.2.1 External Assistance | 144 | 77 | 67 | 135 | 77 | 58 | | 2.2.1.1 By India | 1 | 8 | –7 | 1 | 4 | –3 | | 2.2.1.2 To India | 143 | 69 | 74 | 134 | 73 | 61 | | 2.2.2 Commercial Borrowings | 474 | 633 | –159 | 467 | 526 | –59 | | 2.2.2.1 By India | 130 | 111 | 19 | 116 | 112 | 4 | | 2.2.2.2 To India | 344 | 522 | –178 | 351 | 414 | –63 | | 2.2.3 Short Term to India | 1,590 | 1,412 | 178 | 1,693 | 1,426 | 268 | | 2.2.3.1 Suppliers' Credit > 180 days & Buyers' Credit | 1,519 | 1,412 | 107 | 1,652 | 1,426 | 226 | | 2.2.3.2 Suppliers' Credit up to 180 days | 71 | 0 | 71 | 42 | 0 | 42 | | 2.3 Banking Capital (2.3.1+2.3.2) | 1,278 | 1,886 | –608 | 1,075 | 1,949 | –874 | | 2.3.1 Commercial Banks | 1,276 | 1,886 | –610 | 1,074 | 1,949 | –874 | | 2.3.1.1 Assets | 203 | 874 | –672 | 11 | 752 | –741 | | 2.3.1.2 Liabilities | 1,074 | 1,012 | 62 | 1,064 | 1,197 | –134 | | 2.3.1.2.1 Non-Resident Deposits | 1,016 | 720 | 296 | 1,006 | 825 | 181 | | 2.3.2 Others | 2 | 0 | 2 | 0 | 0 | 0 | | 2.4 Rupee Debt Service | 0 | 2 | –2 | 0 | 3 | –3 | | 2.5 Other Capital | 589 | 322 | 267 | 654 | 406 | 248 | | 3 Errors & Omissions | 11 | 0 | 11 | 25 | – | 25 | | 4 Monetary Movements (4.1+ 4.2) | 0 | 221 | –221 | 0 | 490 | –490 | | 4.1 I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | | 4.2 Foreign Exchange Reserves (Increase - / Decrease +) | 0 | 221 | –221 | 0 | 490 | –490 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |