| (₹ Billion) | | Item | Jan-Mar 2015 (PR) | Jan-Mar 2016 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | Overall Balance of Payments(1+2+3) | 17,704 | 15,828 | 1,876 | 17,019 | 16,798 | 221 | | 1 CURRENT ACCOUNT (1.1+ 1.2) | 8,355 | 8,399 | –44 | 8,414 | 8,437 | –23 | | 1.1 MERCHANDISE | 4,470 | 6,434 | –1,964 | 4,444 | 6,115 | –1,671 | | 1.2 INVISIBLES (1.2.1+1.2.2+1.2.3) | 3,885 | 1,965 | 1,920 | 3,971 | 2,322 | 1,648 | | 1.2.1 Services | 2,575 | 1,328 | 1,247 | 2,661 | 1,575 | 1,085 | | 1.2.1.1 Travel | 352 | 226 | 126 | 399 | 242 | 157 | | 1.2.1.2 Transportation | 241 | 250 | –9 | 240 | 247 | –8 | | 1.2.1.3 Insurance | 31 | 15 | 16 | 35 | 17 | 18 | | 1.2.1.4 G.n.i.e. | 7 | 15 | –8 | 9 | 16 | –7 | | 1.2.1.5 Miscellaneous | 1,945 | 823 | 1,121 | 1,978 | 1,054 | 924 | | 1.2.1.5.1 Software Services | 1,120 | 38 | 1,082 | 1,219 | 50 | 1,170 | | 1.2.1.5.2 Business Services | 440 | 459 | –19 | 492 | 585 | –93 | | 1.2.1.5.3 Financial Services | 86 | 36 | 50 | 66 | 40 | 26 | | 1.2.1.5.4 Communication Services | 32 | 11 | 21 | 41 | 23 | 17 | | 1.2.2 Transfers | 1,091 | 69 | 1,022 | 1,062 | 52 | 1,010 | | 1.2.2.1 Official | 3 | 14 | –11 | 3 | 15 | –12 | | 1.2.2.2 Private | 1,089 | 55 | 1,033 | 1,059 | 37 | 1,022 | | 1.2.3 Income | 219 | 568 | –349 | 248 | 695 | –447 | | 1.2.3.1 Investment Income | 161 | 526 | –364 | 192 | 658 | –466 | | 1.2.3.2 Compensation of Employees | 57 | 42 | 15 | 57 | 37 | 19 | | 2 CAPITAL ACCOUNT (2.1+2.2+2.3+2.4+2.5) | 9,301 | 7,429 | 1,872 | 8,594 | 8,361 | 233 | | 2.1 Foreign Investment (2.1.1+2.1.2) | 5,265 | 3,834 | 1,431 | 4,519 | 4,029 | 490 | | 2.1.1 Foreign Direct Investment | 986 | 410 | 577 | 1,088 | 494 | 594 | | 2.1.1.1 In India | 880 | 227 | 653 | 996 | 227 | 768 | | 2.1.1.1.1 Equity | 632 | 222 | 409 | 735 | 226 | 510 | | 2.1.1.1.2 Reinvested Earnings | 170 | – | 170 | 209 | – | 209 | | 2.1.1.1.3 Other Capital | 78 | 4 | 73 | 51 | 2 | 50 | | 2.1.1.2 Abroad | 107 | 183 | –76 | 92 | 267 | –175 | | 2.1.1.2.1 Equity | 107 | 74 | 32 | 92 | 160 | –68 | | 2.1.1.2.2 Reinvested Earnings | – | 52 | –52 | – | 56 | –56 | | 2.1.1.2.3 Other Capital | – | 56 | –56 | – | 51 | –51 | | 2.1.2 Portfolio Investment | 4,278 | 3,424 | 854 | 3,431 | 3,535 | –104 | | 2.1.2.1 In India | 4,266 | 3,413 | 853 | 3,412 | 3,465 | –53 | | 2.1.2.1.1 FIIs | 4,187 | 3,413 | 774 | 3,412 | 3,465 | –53 | | 2.1.2.1.1.1 Equity | 3,360 | 3,009 | 352 | 2,767 | 2,755 | 12 | | 2.1.2.1.1.2 Debt | 827 | 404 | 422 | 645 | 710 | –65 | | 2.1.2.1.2 ADR/GDRs | 79 | – | 79 | – | – | – | | 2.1.2.2 Abroad | 12 | 11 | 1 | 19 | 70 | –51 | | 2.2 Loans (2.2.1+2.2.2+2.2.3) | 2,141 | 1,874 | 267 | 2,208 | 2,123 | 86 | | 2.2.1 External Assistance | 112 | 64 | 48 | 144 | 77 | 67 | | 2.2.1.1 By India | 1 | 6 | –5 | 1 | 8 | –7 | | 2.2.1.2 To India | 111 | 58 | 53 | 143 | 69 | 74 | | 2.2.2 Commercial Borrowings | 434 | 377 | 57 | 474 | 633 | –159 | | 2.2.2.1 By India | 24 | 3 | 21 | 130 | 111 | 19 | | 2.2.2.2 To India | 410 | 374 | 36 | 344 | 522 | –178 | | 2.2.3 Short Term to India | 1,595 | 1,432 | 162 | 1,590 | 1,412 | 178 | | 2.2.3.1 Suppliers' Credit > 180 days & Buyers' Credit | 1,595 | 1,395 | 200 | 1,519 | 1,412 | 107 | | 2.2.3.2 Suppliers' Credit up to 180 days | – | 38 | –38 | 71 | – | 71 | | 2.3 Banking Capital (2.3.1+2.3.2) | 1,431 | 1,328 | 103 | 1,278 | 1,886 | –608 | | 2.3.1 Commercial Banks | 1,357 | 1,328 | 29 | 1,276 | 1,886 | –610 | | 2.3.1.1 Assets | 9 | 420 | –411 | 203 | 874 | –672 | | 2.3.1.2 Liabilities | 1,348 | 908 | 440 | 1,074 | 1,012 | 62 | | 2.3.1.2.1 Non-Resident Deposits | 1,050 | 801 | 249 | 1,016 | 720 | 296 | | 2.3.2 Others | 74 | – | 74 | 2 | – | 2 | | 2.4 Rupee Debt Service | – | 1 | –1 | – | 2 | –2 | | 2.5 Other Capital | 464 | 392 | 73 | 589 | 322 | 267 | | 3 Errors & Omissions | 48 | – | 48 | 11 | – | 11 | | 4 Monetary Movements (4.1+ 4.2) | – | 1,876 | –1,876 | – | 221 | –221 | | 4.1 I.M.F. | – | – | – | – | – | – | | 4.2 Foreign Exchange Reserves (Increase - / Decrease +) | – | 1,876 | –1,876 | – | 221 | –221 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |