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

Period

Mar-03(R)

Mar-04(R)

Mar-05(PR)

Mar-06(PR)

Mar-07(P)

8995.Z

International Investment Position, net

-287,567.25

-211,210.55

-188,407.62

-214,469.54

-197,390.48

8995CZ

A. Assets

454,138.42

590,348.03

730,050.63

815,397.63

1,062,190.82

8505.Z

1. Direct Investment Abroad

27,696.62

33,710.49

43,899.18

57,828.78

104,494.38

8506..

1.1 Equity Capital and Reinvested Earnings

26,275.74

31,282.57

39,753.61

50,362.40

93,400.11

8507..

1.1.1 Claims on Affiliated Enterprises

26,275.74

31,282.57

39,753.61

50,362.40

93,400.11

8508..

1.1.2 Liabilities to Affiliated Enterprises (-)

8530..

1.2 Other Capital

1,420.88

2,427.92

4,145.57

7,466.38

11,094.27

8535..

1.2.1 Claims on Affiliated Enterprises

1,420.88

2,427.92

4,145.57

7,466.38

11,094.27

8540..

1.2.2 Liabilities to Affiliated Enterprises (-)

8602.Z

2. Portfolio Investment

3,719.19

1,638.00

2,054.04

4,334.29

3,441.67

8610..

2.1 Equity Securities

1,778.19

771.83

1,065.09

2,212.12

1,654.11

8611..

2.1.1 Monetary Authorities

8612..

2.1.2 General Government

8613..

2.1.3 Banks

433

650.00

926.00

1,975.00

1,466.00

8614..

2.1.4 Other Sectors $

1,345.19

121.83

139.09

237.12

188.11

8619..

2.2 Debt Securities

1,941.00

866.17

988.95

2,122.17

1,787.56

8620..

2.2.1 Bonds and Notes

1,551.00

514.17

808.95

2,050.17

1,707.56

8621..

2.2.1.1 Monetary Authorities

8622..

2.2.1.2 General Government

8623..

2.2.1.3 Banks

637

506.00

799.00

2,007.00

1,681.00

8624..

2.2.1.4 Other Sectors $

914

8.17

9.95

43.17

26.56

8630..

2.2.2 Money-market Instruments

390

352.00

180.00

72.00

80.00

8631..

2.2.2.1 Monetary Authorities

8632..

2.2.2.2 General Government

8633..

2.2.2.3 Banks

390

352.00

180.00

72.00

80.00

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

61,252.61

64,870.54

64,981.41

76,847.56

86,032.77

8706..

4.1 Trade Credits

5,214.36

2,481.50

4,841.50

-1,266.00

11,205.00

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

5,214.36

2,481.50

4,841.50

-1,266.00

11,205.00

8711..

4.1.2.1 Long-term

8712..

4.1.2.2 Short-term

5,214.36

2,481.50

4,841.50

-1,266.00

11,205.00

8714..

4.2 Loans

6,711.61

7,671.18

8,145.32

11,507.84

11,450.94

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

2,509.00

3,003.30

3,446.60

3,724.30

3,812.70

8720..

4.2.2.1 Long-term

2,509.00

3,003.30

3,446.60

3,724.30

3,812.70

8721..

4.2.2.2 Short-term

8722..

4.2.3 Banks

3,145.93

3,476.92

3,458.77

6,331.97

6,292.48

8723..

4.2.3.1 Long-term

3,145.93

3,476.92

3,458.77

6,331.97

6,292.48

8724..

4.2.3.2 Short-term

8725..

4.2.4 Other Sectors

1,056.68

1,190.96

1,239.95

1,451.57

1,345.76

8726..

4.2.4.1 Long-term $

1,056.68

1,190.96

1,239.95

1,451.57

1,345.76

8727..

4.2.4.2 Short-term

8730..

4.3 Currency and Deposits

35,741.67

41,403.93

36,976.65

51,819.02

44,964.51

8731..

4.3.1 Monetary Authorities

8732..

4.3.2 General Government

20.93

22.72

16.28

13.52

21.83

8733..

4.3.3 Banks

32,432.34

38,205.11

33,044.08

46,431.31

40,297.44

8734..

4.3.4 Other Sectors $

3,288.40

3,176.10

3,916.29

5,374.19

4,645.24

8736..

4.4 Other Assets

13,584.97

13,313.93

15,017.94

14,786.70

18,412.32

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

3,303.66

3,112.57

3,178.45

3,161.14

3,163.56

8741..

4.4.2.1 Long-term

3,303.66

3,112.57

3,178.45

3,161.14

3,163.56

8742..

4.4.2.2 Short-term

8743..

4.4.3 Banks

6,525.31

6,515.01

7,321.48

8,041.93

11,197.94

8744..

4.4.3.1 Long-term

6,525.31

6,515.01

7,321.48

8,041.93

11,197.94

8745..

4.4.3.2 Short-term

8746..

4.4.4 Other Sectors

3,756.00

3,686.35

4,518.01

3,583.63

4,050.82

8747..

4.4.4.1 Long-term $

3,756.00

3,686.35

4,518.01

3,583.63

4,050.82

8748..

4.4.4.2 Short-term

8802.Z

5. Reserve Assets

361,470.00

490,129.00

619,116.00

676,387.00

868,222.00

8812..

5.1 Monetary Gold

16,785.00

18,216.00

19,686.00

25,674.00

29,573.00

8811..

5.2 Special Drawing Rights

19

10.00

20.00

12.00

8.00

8810..

5.3 Reserve Position in the Fund

3,190.00

5,688.00

6,289.00

3,374.00

2,044.00

8803..

5.4 Foreign Exchange

341,476.00

466,215.00

593,121.00

647,327.00

836,597.00

8808..

5.4.1 Currency and Deposits

213,563.00

314,246.00

432,038.00

490,425.00

605,587.15

8808A.

5.4.1.1 With Monetary Authorities

158,948.00

199,059.00

284,930.00

291,745.00

401,790.83

8808B.

5.4.1.2 With Banks

54,615.00

115,187.00

147,108.00

198,680.00

203,796.33

8806..

5.4.2 Securities

127,913.00

151,969.00

161,083.00

156,902.00

231,009.56

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

741,705.67

801,558.58

918,458.25

1,029,867.17

1,259,581.30

8555.Z

1. Direct Investment in Reporting economy

148,440.60

165,885.56

194,687.89

228,092.79

315,338.78

8556..

1.1 Equity Capital and Reinvested Earnings $$

138,189.60

155,112.60

180,408.60

213,377.60

298,738.60

8557..

1.1.1 Claims on Direct Investors (-)

8558..

1.1.2 Liabilities to Direct Investors

138,189.60

155,112.60

180,408.60

213,377.60

298,738.60

8580..

1.2 Other Capital

10,251.00

10,772.96

14,279.29

14,715.19

16,600.18

8585..

1.2.1 Claims on Direct Investors (-)

8590..

1.2.2 Liabilities to Direct Investors $$$

10,251.00

10,746.70

12,234.75

14,715.19

16,600.18

8652.Z

2. Portfolio Investment

153,884.60

189,779.42

243,668.71

288,280.92

349,841.72

8660..

2.1 Equity Securities

95,508.00

147,406.00

188,825.00

244,182.00

275,812.00

8663..

2.1.1 Banks @@

8664..

2.1.2 Other Sectors $$

95,508.00

147,406.00

188,825.00

244,182.00

275,812.00

8669..

2.2 Debt securities

58,376.60

42,373.42

54,843.71

44,098.92

74,029.72

8670..

2.2.1 Bonds and notes

58,376.60

42,373.42

54,843.71

43,798.35

73,729.15

8671..

2.2.1.1 Monetary Authorities

8672..

2.2.1.2 General Government

881.6

806.42

691.71

492.35

473.15

8673..

2.2.1.3 Banks #

45,908.00

24,008.90

25,519.33

2,378.48

2,332.23

8674..

2.2.1.4 Other Sectors ##

11,587.00

17,558.10

28,632.67

40,927.52

70,923.77

8680..

2.2.2 Money-market Instruments

0.00

0.00

0.00

300.57

300.57

8681..

2.2.2.1 Monetary Authorities

8682..

2.2.2.2 General Government

0.00

0.00

0.00

300.57

300.57

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

439,380.47

445,893.60

480,101.65

513,493.46

594,400.80

8756..

4.1 Trade Credits

23,189.00

27,422.00

41,820.00

46,871.00

59,772.00

8757..

4.1.1 General Government

5,190.00

5,021.00

4,975.00

4,736.00

4,719.00

8758..

4.1.1.1 Long-term

5,190.00

5,021.00

4,975.00

4,736.00

4,719.00

8759..

4.1.1.2 Short-term

8760..

4.1.2 Other Sectors

17,999.00

22,401.00

36,845.00

42,135.00

55,053.00

8761..

4.1.2.1 Long-term

5,139.00

4,471.00

3,923.00

3,346.00

2,865.00

8762..

4.1.2.2 Short-term*

12,860.00

17,930.00

32,922.00

38,789.00

52,188.00

8764..

4.2 Loans

290,342.53

274,403.30

285,870.71

302,672.81

353,487.82

8765..

4.2.1 Monetary Authorities

8766..

8767..

4.2.1.2 Other Long-term

8768..

4.2.1.3 Short-term

8769..

4.2.2 General Government

203,375.00

190,050.00

195,310.00

197,457.00

205,923.00

8770..

4.2.2.1 Long-term

203,375.00

190,050.00

195,310.00

197,457.00

205,923.00

8771..

4.2.2.2 Short-term

8772..

4.2.3 Banks

9,609.00

9,138.00

7,452.00

6,678.00

6,788.00

8773..

4.2.3.1 Long-term

9,609.00

9,138.00

7,452.00

6,678.00

6,788.00

8774..

4.2.3.2 Short-term

8775..

4.2.4 Other Sectors

77,358.53

75,215.30

83,108.71

98,537.81

140,776.82

8776..

4.2.4.1 Long-term**

77,358.53

75,215.30

83,108.71

98,537.81

140,776.82

8777..

4.2.4.2 Short-term

8780..

4.3 Currency and Deposits

121,464.68

139,810.79

147,196.00

161,290.87

177,349.04

8781..

4.3.1 Monetary Authorities

2,122.68

2,871.79

3,929.00

4,575.87

4,608.04

8782..

4.3.2 General government

8783..

4.3.3 Banks @

119,342.00

136,939.00

143,267.00

156,715.00

172,741.00

8784..

4.3.4 Other sectors

8786..

4.4 Other Liabilities

4,384.26

4,257.51

5,214.94

2,658.78

3,791.94

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

107.26

66.52

718.21

311.97

370.17

8794..

4.4.3.1 Long-term

8795..

4.4.3.2 Short-term

107.26

66.52

718.21

311.97

370.17

8796..

4.4.4 Other sectors

4,277.00

4,190.99

4,496.73

2,346.81

3,421.77

8797..

4.4.4.1 Long-term

8798..

4.4.4.2 Short-term $

4,277.00

4,190.99

4,496.73

2,346.81

3,421.77

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.