| (US $ Million) | | 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) | 252,123 | 248,848 | 3,274 | 283,799 | 276,488 | 7,312 | | 1 CURRENT ACCOUNT (1.1+ 1.2) | 124,652 | 124,990 | –338 | 138,288 | 141,741 | –3,452 | | 1.1 MERCHANDISE | 65,831 | 90,586 | –24,755 | 77,354 | 107,076 | –29,722 | | 1.2 INVISIBLES (1.2.1+1.2.2+1.2.3) | 58,821 | 34,404 | 24,417 | 60,934 | 34,665 | 26,270 | | 1.2.1 Services | 39,413 | 23,336 | 16,077 | 40,717 | 23,081 | 17,636 | | 1.2.1.1 Travel | 5,904 | 3,580 | 2,324 | 6,720 | 3,630 | 3,090 | | 1.2.1.2 Transportation | 3,550 | 3,666 | –115 | 4,226 | 3,694 | 533 | | 1.2.1.3 Insurance | 520 | 249 | 271 | 591 | 439 | 153 | | 1.2.1.4 G.n.i.e. | 133 | 230 | –97 | 136 | 146 | –10 | | 1.2.1.5 Miscellaneous | 29,306 | 15,611 | 13,695 | 29,043 | 15,173 | 13,871 | | 1.2.1.5.1 Software Services | 18,064 | 736 | 17,328 | 17,813 | 974 | 16,839 | | 1.2.1.5.2 Business Services | 7,291 | 8,664 | –1,373 | 8,320 | 8,176 | 144 | | 1.2.1.5.3 Financial Services | 983 | 596 | 387 | 1,007 | 1,431 | –424 | | 1.2.1.5.4 Communication Services | 601 | 344 | 257 | 666 | 204 | 462 | | 1.2.2 Transfers | 15,729 | 768 | 14,961 | 15,735 | 1,549 | 14,186 | | 1.2.2.1 Official | 41 | 225 | –185 | 34 | 216 | –183 | | 1.2.2.2 Private | 15,689 | 542 | 15,146 | 15,701 | 1,333 | 14,368 | | 1.2.3 Income | 3,679 | 10,300 | –6,621 | 4,482 | 10,034 | –5,552 | | 1.2.3.1 Investment Income | 2,839 | 9,749 | –6,910 | 3,366 | 9,399 | –6,033 | | 1.2.3.2 Compensation of Employees | 839 | 551 | 288 | 1,116 | 635 | 481 | | 2 CAPITAL ACCOUNT (2.1+2.2+2.3+2.4+2.5) | 127,313 | 123,858 | 3,455 | 145,139 | 134,747 | 10,392 | | 2.1 Foreign Investment (2.1.1+2.1.2) | 66,942 | 59,683 | 7,259 | 85,079 | 69,283 | 15,796 | | 2.1.1 Foreign Direct Investment | 16,114 | 7,318 | 8,797 | 13,999 | 9,001 | 4,997 | | 2.1.1.1 In India | 14,752 | 3,367 | 11,384 | 12,342 | 3,201 | 9,141 | | 2.1.1.1.1 Equity | 10,895 | 3,343 | 7,553 | 7,968 | 2,818 | 5,149 | | 2.1.1.1.2 Reinvested Earnings | 3,098 | – | 3,098 | 3,241 | – | 3,241 | | 2.1.1.1.3 Other Capital | 758 | 25 | 733 | 1,133 | 383 | 750 | | 2.1.1.2 Abroad | 1,363 | 3,950 | –2,588 | 1,657 | 5,800 | –4,143 | | 2.1.1.2.1 Equity | 1,363 | 2,367 | –1,004 | 1,657 | 3,471 | –1,814 | | 2.1.1.2.2 Reinvested Earnings | 0 | 834 | –834 | 0 | 731 | –731 | | 2.1.1.2.3 Other Capital | 0 | 749 | –749 | 0 | 1,598 | –1,598 | | 2.1.2 Portfolio Investment | 50,828 | 52,366 | –1,538 | 71,080 | 60,282 | 10,799 | | 2.1.2.1 In India | 50,540 | 51,327 | –787 | 70,858 | 59,727 | 11,131 | | 2.1.2.1.1 FIIs | 50,540 | 51,327 | –787 | 70,858 | 59,727 | 11,131 | | 2.1.2.1.1.1 Equity | 40,988 | 40,805 | 183 | 57,118 | 50,678 | 6,440 | | 2.1.2.1.1.2 Debt | 9,552 | 10,522 | –970 | 13,739 | 9,049 | 4,691 | | 2.1.2.1.2 ADR/GDRs | 0 | 0 | 0 | 0 | 0 | 0 | | 2.1.2.2 Abroad | 288 | 1,038 | –751 | 223 | 554 | –332 | | 2.2 Loans (2.2.1+2.2.2+2.2.3) | 32,714 | 31,444 | 1,270 | 34,267 | 30,279 | 3,987 | | 2.2.1 External Assistance | 2,134 | 1,147 | 987 | 2,020 | 1,154 | 866 | | 2.2.1.1 By India | 15 | 126 | –111 | 14 | 58 | –43 | | 2.2.1.2 To India | 2,119 | 1,021 | 1,098 | 2,005 | 1,096 | 909 | | 2.2.2 Commercial Borrowings | 7,025 | 9,381 | –2,356 | 6,976 | 7,851 | –875 | | 2.2.2.1 By India | 1,926 | 1,646 | 280 | 1,736 | 1,675 | 61 | | 2.2.2.2 To India | 5,099 | 7,735 | –2,636 | 5,240 | 6,176 | –936 | | 2.2.3 Short Term to India | 23,556 | 20,917 | 2,639 | 25,270 | 21,274 | 3,996 | | 2.2.3.1 Suppliers' Credit > 180 days & Buyers' Credit | 22,505 | 20,917 | 1,588 | 24,645 | 21,274 | 3,371 | | 2.2.3.2 Suppliers' Credit up to 180 days | 1,051 | 0 | 1,051 | 625 | 0 | 625 | | 2.3 Banking Capital (2.3.1+2.3.2) | 18,939 | 27,941 | –9,002 | 16,039 | 29,081 | –13,042 | | 2.3.1 Commercial Banks | 18,904 | 27,941 | –9,036 | 16,034 | 29,081 | –13,047 | | 2.3.1.1 Assets | 3,001 | 12,954 | –9,952 | 163 | 11,215 | –11,053 | | 2.3.1.2 Liabilities | 15,903 | 14,987 | 916 | 15,872 | 17,866 | –1,994 | | 2.3.1.2.1 Non-Resident Deposits | 15,052 | 10,664 | 4,388 | 15,006 | 12,308 | 2,698 | | 2.3.2 Others | 34 | 0 | 34 | 5 | 0 | 5 | | 2.4 Rupee Debt Service | – | 22 | –22 | 0 | 48 | –48 | | 2.5 Other Capital | 8,718 | 4,767 | 3,951 | 9,755 | 6,056 | 3,698 | | 3 Errors & Omissions | 158 | – | 158 | 372 | – | 372 | | 4 Monetary Movements (4.1+ 4.2) | 0 | 3,274 | –3,274 | 0 | 7,312 | –7,312 | | 4.1 I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | | 4.2 Foreign Exchange Reserves (Increase - / Decrease +) | – | 3,274 | –3,274 | 0 | 7,312 | –7,312 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |