COUNTRY NAME: INDIA IFS CODE: 534
INTERNATIONAL INVESTMENT POSITION:
EXTERNAL ASSETS AND LIABILITIES
AT END OF MARCH 2007
UNITS: Millions  REPORTING CURRENCY: USD

Period

Mar-04
(R)

Mar-05
(PR)

Mar-06
(PR)

June-06
(PR)

Sept-06
(PR)

Dec.-06
(PR)

Mar-07
(P)

8995.Z

International Investment Position, net

-47,171.99

-42,999.48

-48,007.95

-45,555.99

-48,583.42

-45,262.20

-45,330.86

8995CZ

A. Assets

135,995.84

166,839.03

182,783.75

191,328.71

197,217.62

222,429.27

243,599.22

8505.Z

1. Direct Investment Abroad

7,759.35

10,033.35

12,964.35

14,088.35

15,247.35

21,642.35

23,969.35

8506..

1.1 Equity Capital and Reinvested Earnings

7,200.50

9,085.50

11,290.50

12,185.50

13,178.50

19,219.50

21,424.50

8507..

1.1.1 Claims on Affiliated Enterprises

7,200.50

9,085.50

11,290.50

12,185.50

13,178.50

19,219.50

21,424.50

8508..

1.1.2 Liabilities to Affiliated Enterprises (-)

8530..

1.2 Other Capital

558.85

947.85

1,673.85

1,902.85

2,068.85

2,422.85

2,544.85

8535..

1.2.1 Claims on Affiliated Enterprises

558.85

947.85

1,673.85

1,902.85

2,068.85

2,422.85

2,544.85

8540..

1.2.2 Liabilities to Affiliated Enterprises (-)

8602.Z

2. Portfolio Investment

377.02

469.44

971.51

760.49

874.38

847.29

791.58

8610..

2.1 Equity Securities

177.65

243.42

495.84

332.48

384.57

387.32

380.39

8611..

2.1.1 Monetary Authorities

8612..

2.1.2 General Government

8613..

2.1.3 Banks

149.61

211.63

442.68

279.32

331.41

334.16

337.24

8614..

2.1.4 Other Sectors $

28.04

31.79

53.16

53.16

53.16

53.16

43.15

8619..

2.2 Debt Securities

199.37

226.02

475.67

428.01

489.81

459.97

411.19

8620..

2.2.1 Bonds and Notes

118.35

184.88

459.53

411.50

473.04

442.12

392.79

8621..

2.2.1.1 Monetary Authorities

8622..

2.2.1.2 General Government

8623..

2.2.1.3 Banks

116.47

182.61

449.85

401.82

463.36

432.44

386.70

8624..

2.2.1.4 Other Sectors $

1.88

2.27

9.68

9.68

9.68

9.68

6.09

8630..

2.2.2 Money-market Instruments

81.02

41.14

16.14

16.51

16.77

17.85

18.40

8631..

2.2.2.1 Monetary Authorities

8632..

2.2.2.2 General Government

8633..

2.2.2.3 Banks

81.02

41.14

16.14

16.51

16.77

17.85

18.40

8634..

2.2.2.4 Other Sectors

8900.Z

3. Financial Derivatives

8901..

3.1 Monetary Authorities

8902..

3.2 General government

8903..

3.3 Banks

8904..

3.4 Other sectors

8703.Z

4. Other Investment

14,900.47

14,822.24

17,225.89

13,567.87

15,790.89

22,688.63

19,659.29

8706..

4.1 Trade Credits

540.00

1,077.50

-286.00

-666.00

-723.00

2,060.00

2,495.00

8707..

4.1.1 General Government

8708..

4.1.1.1 Long-term

8709..

4.1.1.2 Short-term

8710..

4.1.2 Other Sectors

540.00

1,077.50

-286.00

-666.00

-723.00

2,060.00

2,495.00

8711..

4.1.2.1 Long-term

8712..

4.1.2.2 Short-term

540.00

1,077.50

-286.00

-666.00

-723.00

2,060.00

2,495.00

8714..

4.2 Loans

1,765.72

1,861.57

2,579.88

1,626.84

2,297.14

3,657.05

2,626.66

8715..

4.2.1 Monetary Authorities

8717..

4.2.1.1 Long-term

8718..

4.2.1.2 Short-term

8719..

4.2.2 General Government

691.29

787.70

834.93

834.93

834.93

834.93

874.57

8720..

4.2.2.1 Long-term

691.29

787.70

834.93

834.93

834.93

834.93

874.57

8721..

4.2.2.2 Short-term

8722..

4.2.3 Banks

800.30

790.49

1,419.53

466.49

1,136.79

2,496.70

1,443.39

8723..

4.2.3.1 Long-term

800.30

790.49

1,419.53

466.49

1,136.79

2,496.70

1,443.39

8724..

4.2.3.2 Short-term

8725..

4.2.4 Other Sectors

274.13

283.38

325.42

325.42

325.42

325.42

308.70

8726..

4.2.4.1 Long-term $

274.13

283.38

325.42

325.42

325.42

325.42

308.70

8727..

4.2.4.2 Short-term

8730..

4.3 Currency and Deposits

9,530.20

8,450.89

11,617.05

9,291.49

10,763.19

13,307.26

10,314.14

8731..

4.3.1 Monetary Authorities

8732..

4.3.2 General Government

5.24

3.77

3.03

3.61

2.02

1.87

5.01

8733..

4.3.3 Banks

8,793.90

7,552.07

10,409.21

8,083.07

9,556.36

12,100.58

9,243.59

8734..

4.3.4 Other Sectors $

731.06

895.05

1,204.81

1,204.81

1,204.81

1,204.81

1,065.54

8736..

4.4 Other Assets

3,064.55

3,432.28

3,314.96

3,315.54

3,453.56

3,664.32

4,223.49

8737..

4.4.1 Monetary Authorities

8738..

4.4.1.1 Long-term

8739..

4.4.1.2 Short-term

8740..

4.4.2 General Government

716.44

726.42

708.68

708.68

708.68

708.68

725.67

8741..

4.4.2.1 Long-term

716.44

726.42

708.68

708.68

708.68

708.68

725.67

8742..

4.4.2.2 Short-term

8743..

4.4.3 Banks

1,499.60

1,673.29

1,802.88

1,803.46

1,941.48

2,152.24

2,568.63

8744..

4.4.3.1 Long-term

1,499.60

1,673.29

1,802.88

1,803.46

1,941.48

2,152.24

2,568.63

8745..

4.4.3.2 Short-term

8746..

4.4.4 Other Sectors

848.51

1,032.57

803.40

803.40

803.40

803.40

929.19

8747..

4.4.4.1 Long-term $

848.51

1,032.57

803.40

803.40

803.40

803.40

929.19

8748..

4.4.4.2 Short-term

8802.Z

5. Reserve Assets

112,959.00

141,514.00

151,622.00

162,912.00

165,305.00

177,251.00

199,179.00

8812..

5.1 Monetary Gold

4,198.00

4,500.00

5,755.00

6,180.00

6,202.00

6,517.00

6,784.00

8811..

5.2 Special Drawing Rights

2.00

5.00

3.00

0.00

1.00

1.00

2.00

8810..

5.3 Reserve Position in the Fund

1,311.00

1,438.00

756.00

764.00

762.00

546.00

469.00

8803..

5.4 Foreign Exchange

107,448.00

135,571.00

145,108.00

155,968.00

158,340.00

170,187.00

191,924.00

8808..

5.4.1 Currency and Deposits

72,424.00

98,752.00

109,936.00

116,067.00

124,190.00

129,861.00

138,928.00

8808A.

5.4.1.1 With Monetary Authorities

45,877.00

65,127.00

65,399.00

68,895.00

76,441.00

81,237.00

92,175.00

8808B.

5.4.1.2 With Banks

26,547.00

33,625.00

44,537.00

47,172.00

47,749.00

48,624.00

46,753.00

8806..

5.4.2 Securities

35,024.00

36,819.00

35,172.00

39,901.00

34,150.00

40,326.00

52,996.00

8806S.

5.4.2.1 Equities

8806T.

5.4.2.2 Bonds and Notes

8806U.

5.4.2.3 Money-market Instruments

8814A.

5.4.3 Financial Derivatives (net)

8813..

5.5 Other Claims

8995DZ

B. Liabilities

183,167.83

209,838.51

230,791.70

236,884.70

245,801.04

267,691.47

288,930.08

8555.Z

1. Direct Investment in Reporting economy

38,182.89

44,495.01

51,135.01

52,135.34

55,814.31

66,403.34

72,333.71

8556..

1.1 Equity Capital and Reinvested Earnings $$

35,703.21

41,231.54

47,836.08

48,799.31

52,495.18

62,954.85

68,525.89

8557..

1.1.1 Claims on Direct Investors (-)

8558..

1.1.2 Liabilities to Direct Investors

35,703.21

41,231.54

47,836.08

48,799.31

52,495.18

62,954.85

68,525.89

8580..

1.2 Other Capital

2,479.68

3,263.47

3,298.93

3,336.03

3,319.13

3,448.49

3,807.82

8585..

1.2.1 Claims on Direct Investors (-)

8590..

1.2.2 Liabilities to Direct Investors $$$

2,479.68

3,263.47

3,298.93

3,336.03

3,319.13

3,448.49

3,807.82

8652.Z

2. Portfolio Investment

43,681.57

55,689.16

64,628.72

64,673.69

67,453.63

73,624.13

80,248.37

8660..

2.1 Equity Securities

33,927.95

43,155.07

54,741.96

52,466.31

54,775.98

59,985.53

63,266.89

8663..

2.1.1 Banks @@

8664..

2.1.2 Other Sectors $$

33,927.95

43,155.07

54,741.96

52,466.31

54,775.98

59,985.53

63,266.89

8669..

2.2 Debt securities

9,753.62

12,534.09

9,886.76

12,207.38

12,677.65

13,638.60

16,981.48

8670..

2.2.1 Bonds and notes

9,753.62

12,534.09

9,819.38

12,142.16

12,612.24

13,571.26

16,912.53

8671..

2.2.1.1 Monetary Authorities

8672..

2.2.1.2 General Government

185.62

158.09

110.38

121.16

120.24

108.26

108.53

8673..

2.2.1.3 Banks #

5,526.28

5,832.32

533.22

539.89

533.13

532.10

534.98

8674..

2.2.1.4 Other Sectors ##

4,041.72

6,543.68

9,175.78

11,481.11

11,958.87

12,930.90

16,269.02

8680..

2.2.2 Money-market Instruments

0.00

0.00

67.38

65.22

65.41

67.34

68.95

8681..

2.2.2.1 Monetary Authorities

8682..

2.2.2.2 General Government

0.00

0.00

67.38

65.22

65.41

67.34

68.95

8683..

2.2.2.3 Banks

8684..

2.2.2.4 Other Sectors

8905.Z

3. Financial Derivatives

8906..

3.1 Monetary Authorities

8907..

3.2 General Government

8908..

3.3 Banks

8909..

3.4 Other Sectors

8753.Z

4. Other Investment

101,303.37

109,654.34

115,027.97

120,075.67

122,533.10

127,664.00

136,348.00

8756..

4.1 Trade Credits

6,275.00

9,556.00

10,506.00

10,912.00

12,408.00

11,752.00

13,711.00

8757..

4.1.1 General Government

1,122.00

1,135.00

1,060.00

1,068.00

1,061.00

1,057.00

1,083.00

8758..

4.1.1.1 Long-term

1,122.00

1,135.00

1,060.00

1,068.00

1,061.00

1,057.00

1,083.00

8759..

4.1.1.2 Short-term

8760..

4.1.2 Other Sectors

5,153.00

8,421.00

9,446.00

9,844.00

11,347.00

10,695.00

12,628.00

8761..

4.1.2.1 Long-term

1,026.00

897.00

750.00

739.00

722.00

680.00

657.00

8762..

4.1.2.2 Short-term*

4,127.00

7,524.00

8,696.00

9,105.00

10,625.00

10,015.00

11,971.00

8764..

4.2 Loans

61,867.37

65,265.53

67,766.07

70,296.97

71,733.87

75,610.51

81,086.18

8765..

4.2.1 Monetary Authorities

0.00

0.00

0.00

0.00

0.00

0.00

0.00

8766..

4.2.1.1 Use of Fund Credit & loans from the fund

0.00

0.00

0.00

0.00

0.00

0.00

0.00

8767..

4.2.1.2 Other Long-term

8768..

4.2.1.3 Short-term

8769..

4.2.2 General Government

42,535.00

44,575.00

44,187.00

44,711.00

45,075.00

45,964.00

47,236.00

8770..

4.2.2.1 Long-term

42,535.00

44,575.00

44,187.00

44,711.00

45,075.00

45,964.00

47,236.00

8771..

4.2.2.2 Short-term

8772..

4.2.3 Banks

2,040.00

1,700.00

1,494.00

1,500.00

1,467.00

1,514.00

1,557.00

8773..

4.2.3.1 Long-term

2,040.00

1,700.00

1,494.00

1,500.00

1,467.00

1,514.00

1,557.00

8774..

4.2.3.2 Short-term

8775..

4.2.4 Other Sectors

17,292.37

18,990.53

22,085.07

24,085.97

25,191.87

28,132.51

32,293.18

8776..

4.2.4.1 Long-term*`*

17,292.37

18,990.53

22,085.07

24,085.97

25,191.87

28,132.51

32,293.18

8777..

4.2.4.2 Short-term

8780..

4.3 Currency and Deposits

32,181.02

33,640.96

36,159.84

38,188.09

37,502.98

39,368.91

40,681.01

8781..

4.3.1 Monetary Authorities

661.02

897.96

1,025.84

2,537.09

987.98

986.91

1,057.01

8782..

4.3.2 General government

8783..

4.3.3 Banks @

31,520.00

32,743.00

35,134.00

35,651.00

36,515.00

38,382.00

39,624.00

8784..

4.3.4 Other sectors

8786..

4.4 Other Liabilities

979.98

1,191.85

596.06

678.61

888.25

932.58

869.81

8787..

4.4.1 Monetary Authorities

8788..

4.4.1.1 Long-term

8789..

4.4.1.2 Short-term

8790..

4.4.2 General Government

8791..

4.4.2.1 Long-term

8792..

4.4.2.2 Short-term

8793..

4.4.3 Banks

15.31

164.14

69.94

169.37

377.57

406.80

84.91

8794..

4.4.3.1 Long-term

8795..

4.4.3.2 Short-term

15.31

164.14

69.94

169.37

377.57

406.80

84.91

8796..

4.4.4 Other sectors

964.67

1,027.71

526.12

509.24

510.68

525.78

784.90

8797..

4.4.4.1 Long-term

8798..

4.4.4.2 Short-term $

964.67

1,027.71

526.12

509.24

510.68

525.78

784.90

R: Revised
PR :  Data are Partially Revised.
P :  Data are Provisional.
$ :  Based on survey on Foreign Liabilities & Assets
$$ : Foreign Direct Investment (FDI) & Portfolio Investment are not adjusted for price changes.
$$$ : All liabilities (other than equity) between direct investor & direct investment enterprises are treated as other capital.
#  :  Include India Development Bonds, Resurgent India Bonds, India Millennium Deposits etc.
@  : Include accrued interest; also includes the flow of the discontinued NRNR rupee deposit
*  :  Suppliers Credit upto 180 days are not included.
**  : Includes Buyers' Credit. Loan transactions between direct investor & direct
investment enterprises are treated as other capital.
## : Include Foreign Currency Convertible Bonds.
@@: Equity Investments in Banks by Non-residents included under FDI.