TABLE 197 : INDIA'S OVERALL BALANCE OF PAYMENTS - QUARTERLY - RUPEES (Concld.) |
(₹ Crore) |
Item/Year | April-June 2023 | July-September 2023 | October-December 2023 | January-March 2024 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 |
A. Current account | | | | | | | | | | | | |
1. Merchandise | 862549 | 1328640 | -466092 | 894989 | 1428379 | -533390 | 887885 | 1470292 | -582407 | 1010049 | 1432606 | -422556 |
2. Invisibles (a+b+c) | 959266 | 566895 | 392372 | 1020178 | 579994 | 440184 | 1077470 | 567713 | 509757 | 1095204 | 625468 | 469735 |
a) Services | 662275 | 373579 | 288695 | 689003 | 358846 | 330157 | 730995 | 356127 | 374868 | 741908 | 387502 | 354406 |
i) Travel | 52702 | 77997 | -25295 | 61845 | 71601 | -9756 | 82022 | 62341 | 19681 | 82705 | 66948 | 15758 |
ii) Transportation | 60894 | 63237 | -2343 | 58316 | 60151 | -1835 | 57875 | 53767 | 4108 | 64527 | 65002 | -475 |
iii) Insurance | 6251 | 4854 | 1397 | 6842 | 6785 | 58 | 6749 | 7130 | -381 | 7699 | 5395 | 2304 |
iv) G.n.i.e. | 1305 | 2051 | -746 | 1154 | 2018 | -863 | 1512 | 2328 | -816 | 1073 | 2616 | -1543 |
v) Miscellaneous | 541121 | 225440 | 315681 | 560846 | 218292 | 342554 | 582837 | 230560 | 352277 | 585904 | 247541 | 338363 |
of Which | | | | | | | | | | | | |
Software services | 313769 | 34880 | 278889 | 327091 | 35818 | 291272 | 341751 | 39756 | 301995 | 344986 | 40752 | 304234 |
Business services | 179448 | 124971 | 54477 | 177488 | 113019 | 64469 | 188585 | 117135 | 71450 | 187807 | 136067 | 51740 |
Financial services | 15546 | 9473 | 6073 | 17106 | 9777 | 7329 | 20739 | 7958 | 12781 | 13280 | 10537 | 2743 |
Communication services | 6827 | 2663 | 4165 | 7334 | 3015 | 4319 | 5834 | 3309 | 2524 | 4136 | 4197 | -61 |
b) Transfers | 222898 | 35170 | 187728 | 232665 | 26623 | 206042 | 262631 | 18628 | 244002 | 266491 | 28049 | 238442 |
i) Official | 160 | 2094 | -1934 | 189 | 2206 | -2018 | 785 | 1913 | -1127 | 423 | 2344 | -1921 |
ii) Private | 222738 | 33076 | 189662 | 232476 | 24416 | 208060 | 261845 | 16716 | 245130 | 266068 | 25705 | 240363 |
c) Income | 74093 | 158146 | -84052 | 98510 | 194526 | -96015 | 83844 | 192958 | -109114 | 86804 | 209917 | -123113 |
i) Investment income | 59076 | 151014 | -91938 | 83966 | 186946 | -102980 | 67103 | 185659 | -118557 | 70763 | 201290 | -130527 |
ii) Compensation of employees | 15018 | 7132 | 7886 | 14544 | 7579 | 6965 | 16741 | 7298 | 9443 | 16041 | 8627 | 7414 |
Total current account (1+2) | 1821815 | 1895535 | -73720 | 1915167 | 2008373 | -93205 | 1965355 | 2038005 | -72650 | 2105253 | 2058074 | 47179 |
B. Capital account | | | | | | | | | | | | |
1. Foreign investment (a+b) | 896407 | 728246 | 168162 | 1062759 | 1028803 | 33956 | 1201997 | 1069092 | 132906 | 1317736 | 1206932 | 110803 |
a) Foreign direct investment (i+ii) | 158460 | 119605 | 38856 | 137064 | 143996 | -6932 | 157143 | 124264 | 32879 | 164679 | 148458 | 16220 |
i) In India | 146223 | 85713 | 60510 | 129926 | 104866 | 25060 | 152430 | 82832 | 69598 | 158819 | 94741 | 64078 |
Equity | 92604 | 76861 | 15743 | 81644 | 101488 | -19844 | 99194 | 73050 | 26144 | 105963 | 90780 | 15183 |
Reinvested earnings | 37323 | - | 37323 | 39181 | - | 39181 | 42926 | - | 42926 | 44274 | - | 44274 |
Other capital | 16296 | 8853 | 7444 | 9101 | 3378 | 5723 | 10310 | 9783 | 527 | 8582 | 3960 | 4621 |
ii) Abroad | 12237 | 33892 | -21654 | 7138 | 39130 | -31992 | 4713 | 41432 | -36718 | 5860 | 53718 | -47858 |
Equity | 12237 | 15322 | -3085 | 7138 | 13916 | -6778 | 4713 | 19610 | -14897 | 5860 | 26638 | -20778 |
Reinvested earnings | - | 11889 | -11889 | - | 11956 | -11956 | - | 12044 | -12044 | - | 12009 | -12009 |
Other capital | - | 6681 | -6681 | - | 13258 | -13258 | - | 9777 | -9777 | - | 15071 | -15071 |
b) Portfolio investment | 737947 | 608641 | 129306 | 925695 | 884807 | 40889 | 1044854 | 944828 | 100026 | 1153057 | 1058474 | 94583 |
i) In India | 729461 | 597209 | 132252 | 918597 | 874902 | 43695 | 1036599 | 939411 | 97188 | 1147577 | 1051439 | 96139 |
FIIs | 729461 | 597209 | 132252 | 918597 | 874902 | 43695 | 1036599 | 939411 | 97188 | 1147577 | 1051439 | 96139 |
of which: | | | | | | | | | | | | |
Equity | 634364 | 522169 | 112195 | 839257 | 809559 | 29698 | 905860 | 850336 | 55523 | 1002841 | 991563 | 11278 |
Debt | 95097 | 75040 | 20058 | 79340 | 65343 | 13997 | 130739 | 89075 | 41664 | 144736 | 59875 | 84861 |
GDRs/ADRs | - | - | - | - | - | - | - | - | - | - | - | - |
ii) Abroad | 8486 | 11432 | -2946 | 7099 | 9905 | -2806 | 8255 | 5417 | 2838 | 5480 | 7035 | -1555 |
2. Loans (a+b+c) | 249540 | 230700 | 18840 | 245736 | 218593 | 27144 | 197582 | 244483 | -46901 | 254894 | 240356 | 14538 |
a) External assistance | 24921 | 13173 | 11749 | 21502 | 14877 | 6626 | 38345 | 11667 | 26679 | 29784 | 12969 | 16816 |
i) By India | 72 | 404 | -331 | 72 | 404 | -331 | 72 | 404 | -331 | 66 | 255 | -188 |
ii) To India | 24849 | 12769 | 12080 | 21430 | 14473 | 6957 | 38273 | 11263 | 27010 | 29718 | 12714 | 17004 |
b) Commercial borrowings (MT<) | 127007 | 78906 | 48101 | 61705 | 86076 | -24370 | 54858 | 92061 | -37204 | 125478 | 111407 | 14071 |
i) By India | 18179 | 17027 | 1153 | 23582 | 32453 | -8871 | 22583 | 37494 | -14911 | 28241 | 35769 | -7528 |
ii) To India | 108828 | 61880 | 46948 | 38123 | 53623 | -15499 | 32275 | 54567 | -22293 | 97237 | 75638 | 21599 |
c) Short term Credit to India | 97612 | 138621 | -41009 | 162529 | 117640 | 44888 | 104379 | 140755 | -36377 | 99631 | 115980 | -16349 |
i) Suppliers' Credit > 180 days & Buyers' Credit | 97612 | 117969 | -20357 | 145745 | 117640 | 28105 | 104379 | 130928 | -26549 | 99631 | 106817 | -7185 |
ii) Suppliers' credit up to 180 days | - | 20652 | -20652 | 16783 | - | 16783 | - | 9828 | -9828 | - | 9163 | -9163 |
3. Banking capital (a+b) | 273549 | 167181 | 106367 | 281213 | 245392 | 35820 | 340156 | 203943 | 136212 | 338106 | 280721 | 57384 |
a) Commercial banks | 272138 | 167181 | 104957 | 281213 | 244798 | 36415 | 338525 | 203943 | 134582 | 330180 | 280721 | 49459 |
i) Assets | 109451 | 27797 | 81653 | 71689 | 92667 | -20978 | 137815 | 43936 | 93879 | 76548 | 102370 | -25822 |
ii) Liabilities | 162687 | 139384 | 23304 | 209524 | 152131 | 57393 | 200710 | 160008 | 40702 | 253632 | 178351 | 75281 |
of which: Non-Resident Deposits | 155328 | 137175 | 18153 | 175715 | 149187 | 26528 | 186372 | 153723 | 32648 | 216214 | 171683 | 44531 |
b) Others | 1410 | 0 | 1410 | 0 | 594 | -594 | 1630 | 0 | 1630 | 7926 | - | 7926 |
4. Rupee debt service | - | 512 | -512 | - | 12 | -12 | - | 13 | -13 | - | 60 | -60 |
5. Other capital | 75153 | 89041 | -13888 | 111498 | 102362 | 9136 | 46680 | 144183 | -97503 | 149269 | 128237 | 21033 |
Total capital account (1 to 5) | 1494649 | 1215679 | 278970 | 1701206 | 1595161 | 106045 | 1786415 | 1661714 | 124701 | 2060004 | 1856307 | 203698 |
C. Errors & omissions | - | 4424 | -4424 | 7979 | - | 7979 | - | 2103 | -2103 | 4463 | - | 4463 |
D. Overall balance (A+B+C) | 3316464 | 3115639 | 200826 | 3624353 | 3603534 | 20819 | 3751770 | 3701823 | 49947 | 4169720 | 3914381 | 255339 |
E. Monetary movements (i+ii) | - | 200826 | -200826 | - | 20819 | -20819 | - | 49947 | -49947 | - | 255339 | -255339 |
i) I.M.F. | - | - | - | - | - | - | - | - | - | - | - | - |
ii) Foreign exchange reserves (Increase - / Decrease +) | - | 200826 | -200826 | - | 20819 | -20819 | - | 49947 | -49947 | - | 255339 | -255339 |
of which: SDR Allocation | - | - | - | - | - | - | - | - | - | - | - | - |
Notes : 1. G.n.i.e.: Government not included elsewhere. 2. Data for 2023-24 are preliminary estimates. 3. Totals may not tally due to rounding off. Also see Notes on Tables. Source : Reserve Bank of India. |