| (US $ Million) | | Item | Oct-Dec 2015 (PR) | Oct-Dec 2016 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | Overall Balance of Payments(1+2+3) | 237,940 | 233,883 | 4,056 | 268,138 | 269,380 | –1,242 | | 1 CURRENT ACCOUNT (1.1+ 1.2) | 122,575 | 129,697 | –7,121 | 130,151 | 138,069 | –7,919 | | 1.1 MERCHANDISE | 64,937 | 98,913 | –33,975 | 68,755 | 102,032 | –33,277 | | 1.2 INVISIBLES (1.2.1+1.2.2+1.2.3) | 57,638 | 30,784 | 26,854 | 61,395 | 36,037 | 25,358 | | 1.2.1 Services | 37,904 | 19,891 | 18,013 | 42,148 | 24,508 | 17,639 | | 1.2.1.1 Travel | 5,761 | 3,357 | 2,404 | 6,187 | 3,710 | 2,476 | | 1.2.1.2 Transportation | 3,310 | 3,450 | –140 | 3,797 | 3,268 | 529 | | 1.2.1.3 Insurance | 449 | 334 | 115 | 522 | 413 | 109 | | 1.2.1.4 G.n.i.e. | 147 | 123 | 25 | 176 | 135 | 40 | | 1.2.1.5 Miscellaneous | 28,237 | 12,627 | 15,610 | 31,467 | 16,981 | 14,486 | | 1.2.1.5.1 Software Services | 19,195 | 639 | 18,556 | 18,967 | 945 | 18,021 | | 1.2.1.5.2 Business Services | 6,667 | 7,646 | –979 | 8,319 | 8,067 | 253 | | 1.2.1.5.3 Financial Services | 958 | 887 | 72 | 1,210 | 1,624 | –414 | | 1.2.1.5.4 Communication Services | 483 | 223 | 260 | 559 | 231 | 327 | | 1.2.2 Transfers | 15,936 | 687 | 15,250 | 15,276 | 1,382 | 13,894 | | 1.2.2.1 Official | 163 | 218 | –55 | 110 | 212 | –102 | | 1.2.2.2 Private | 15,773 | 469 | 15,305 | 15,166 | 1,170 | 13,996 | | 1.2.3 Income | 3,798 | 10,206 | –6,408 | 3,972 | 10,147 | –6,176 | | 1.2.3.1 Investment Income | 2,918 | 9,640 | –6,722 | 2,965 | 9,516 | –6,552 | | 1.2.3.2 Compensation of Employees | 880 | 566 | 314 | 1,007 | 631 | 376 | | 2 CAPITAL ACCOUNT (2.1+2.2+2.3+2.4+2.5) | 115,102 | 104,187 | 10,915 | 137,465 | 131,310 | 6,155 | | 2.1 Foreign Investment (2.1.1+2.1.2) | 63,614 | 52,358 | 11,256 | 66,972 | 68,498 | –1,527 | | 2.1.1 Foreign Direct Investment | 16,982 | 6,280 | 10,702 | 18,567 | 8,753 | 9,814 | | 2.1.1.1 In India | 16,315 | 2,399 | 13,916 | 18,086 | 4,871 | 13,216 | | 2.1.1.1.1 Equity | 13,127 | 2,363 | 10,763 | 14,532 | 4,812 | 9,720 | | 2.1.1.1.2 Reinvested Earnings | 2,631 | 0 | 2,631 | 3,046 | 0 | 3,046 | | 2.1.1.1.3 Other Capital | 558 | 36 | 522 | 508 | 59 | 449 | | 2.1.1.2 Abroad | 667 | 3,881 | –3,214 | 480 | 3,882 | –3,401 | | 2.1.1.2.1 Equity | 667 | 1,934 | –1,267 | 480 | 2,241 | –1,760 | | 2.1.1.2.2 Reinvested Earnings | 0 | 834 | –834 | 0 | 688 | –688 | | 2.1.1.2.3 Other Capital | 0 | 1,113 | –1,113 | 0 | 953 | –953 | | 2.1.2 Portfolio Investment | 46,632 | 46,078 | 554 | 48,405 | 59,746 | –11,341 | | 2.1.2.1 In India | 46,521 | 45,957 | 563 | 48,250 | 59,564 | –11,314 | | 2.1.2.1.1 FIIs | 46,521 | 45,957 | 563 | 48,250 | 59,564 | –11,314 | | 2.1.2.1.1.1 Equity | 36,520 | 37,148 | –629 | 37,637 | 42,371 | –4,733 | | 2.1.2.1.1.2 Debt | 10,001 | 8,809 | 1,192 | 10,613 | 17,194 | –6,581 | | 2.1.2.1.2 ADR/GDRs | 0 | 0 | 0 | 0 | 0 | 0 | | 2.1.2.2 Abroad | 111 | 121 | –9 | 154 | 181 | –27 | | 2.2 Loans (2.2.1+2.2.2+2.2.3) | 28,768 | 31,095 | –2,328 | 31,179 | 29,495 | 1,685 | | 2.2.1 External Assistance | 1,513 | 1,175 | 338 | 1,601 | 1,058 | 543 | | 2.2.1.1 By India | 15 | 129 | –113 | 14 | 57 | –43 | | 2.2.1.2 To India | 1,498 | 1,047 | 451 | 1,587 | 1,001 | 586 | | 2.2.2 Commercial Borrowings | 6,525 | 7,405 | –880 | 6,121 | 7,943 | –1,822 | | 2.2.2.1 By India | 432 | 200 | 232 | 963 | 280 | 683 | | 2.2.2.2 To India | 6,093 | 7,205 | –1,112 | 5,158 | 7,663 | –2,505 | | 2.2.3 Short Term to India | 20,729 | 22,515 | –1,786 | 23,457 | 20,493 | 2,964 | | 2.2.3.1 Suppliers' Credit > 180 days & Buyers' Credit | 20,062 | 22,515 | –2,453 | 22,700 | 20,493 | 2,207 | | 2.2.3.2 Suppliers' Credit up to 180 days | 667 | 0 | 667 | 757 | 0 | 757 | | 2.3 Banking Capital (2.3.1+2.3.2) | 17,348 | 16,033 | 1,315 | 30,610 | 27,430 | 3,180 | | 2.3.1 Commercial Banks | 17,347 | 16,033 | 1,314 | 30,610 | 27,427 | 3,182 | | 2.3.1.1 Assets | 3,731 | 3,941 | –211 | 19,123 | 107 | 19,016 | | 2.3.1.2 Liabilities | 13,616 | 12,092 | 1,524 | 11,487 | 27,321 | –15,834 | | 2.3.1.2.1 Non-Resident Deposits | 11,829 | 10,279 | 1,550 | 7,450 | 25,980 | –18,530 | | 2.3.2 Others | 2 | 0 | 2 | 0 | 2 | –2 | | 2.4 Rupee Debt Service | 0 | 0 | 0 | 0 | 0 | 0 | | 2.5 Other Capital | 5,372 | 4,701 | 672 | 8,705 | 5,888 | 2,817 | | 3 Errors & Omissions | 262 | 0 | 262 | 522 | 0 | 522 | | 4 Monetary Movements (4.1+ 4.2) | 0 | 4,056 | –4,056 | 1,242 | 0 | 1,242 | | 4.1 I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | | 4.2 Foreign Exchange Reserves (Increase - / Decrease +) | 0 | 4,056 | –4,056 | 1,242 | 0 | 1,242 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |