| (US$ Million) | | Item | Jan-Mar 2017 (PR) | Jan-Mar 2018 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | Overall Balance of Payments(1+2+3) | 284,017 | 276,705 | 7,312 | 329,455 | 316,218 | 13,237 | | 1 CURRENT ACCOUNT (1.1+ 1.2) | 139,362 | 141,935 | –2,573 | 156,683 | 169,750 | –13,066 | | 1.1 MERCHANDISE | 77,354 | 107,076 | –29,722 | 82,218 | 123,841 | –41,623 | | 1.2 INVISIBLES (1.2.1+1.2.2+1.2.3) | 62,008 | 34,859 | 27,149 | 74,466 | 45,909 | 28,557 | | 1.2.1 Services | 41,791 | 23,265 | 18,525 | 51,585 | 31,421 | 20,164 | | 1.2.1.1 Travel | 6,720 | 3,655 | 3,065 | 7,710 | 4,728 | 2,983 | | 1.2.1.2 Transportation | 4,226 | 3,694 | 533 | 4,688 | 4,941 | –253 | | 1.2.1.3 Insurance | 591 | 439 | 153 | 638 | 370 | 268 | | 1.2.1.4 G.n.i.e. | 136 | 146 | –10 | 179 | 305 | –126 | | 1.2.1.5 Miscellaneous | 30,117 | 15,332 | 14,785 | 38,370 | 21,076 | 17,293 | | 1.2.1.5.1 Software Services | 18,514 | 974 | 17,540 | 19,906 | 1,345 | 18,561 | | 1.2.1.5.2 Business Services | 8,320 | 8,239 | 81 | 9,936 | 9,433 | 503 | | 1.2.1.5.3 Financial Services | 1,007 | 1,431 | –424 | 1,686 | 1,171 | 515 | | 1.2.1.5.4 Communication Services | 666 | 204 | 462 | 600 | 263 | 337 | | 1.2.2 Transfers | 15,735 | 1,549 | 14,186 | 18,100 | 1,887 | 16,213 | | 1.2.2.1 Official | 34 | 216 | –183 | 30 | 219 | –190 | | 1.2.2.2 Private | 15,701 | 1,333 | 14,368 | 18,070 | 1,668 | 16,402 | | 1.2.3 Income | 4,482 | 10,045 | –5,562 | 4,781 | 12,601 | –7,820 | | 1.2.3.1 Investment Income | 3,366 | 9,399 | –6,033 | 3,651 | 11,984 | –8,333 | | 1.2.3.2 Compensation of Employees | 1,116 | 646 | 470 | 1,129 | 617 | 513 | | 2 CAPITAL ACCOUNT (2.1+2.2+2.3+2.4+2.5) | 145,128 | 134,770 | 10,357 | 171,492 | 146,468 | 25,024 | | 2.1 Foreign Investment (2.1.1+2.1.2) | 85,079 | 69,283 | 15,796 | 85,777 | 77,094 | 8,683 | | 2.1.1 Foreign Direct Investment | 13,999 | 9,001 | 4,997 | 13,840 | 7,432 | 6,408 | | 2.1.1.1 In India | 12,342 | 3,201 | 9,141 | 13,097 | 4,492 | 8,605 | | 2.1.1.1.1 Equity | 7,968 | 2,818 | 5,149 | 9,096 | 4,458 | 4,638 | | 2.1.1.1.2 Reinvested Earnings | 3,241 | – | 3,241 | 3,393 | – | 3,393 | | 2.1.1.1.3 Other Capital | 1,133 | 383 | 750 | 608 | 34 | 574 | | 2.1.1.2 Abroad | 1,657 | 5,800 | –4,143 | 743 | 2,941 | –2,198 | | 2.1.1.2.1 Equity | 1,657 | 3,471 | –1,814 | 743 | 1,263 | –520 | | 2.1.1.2.2 Reinvested Earnings | 0 | 731 | –731 | 0 | 713 | –713 | | 2.1.1.2.3 Other Capital | 0 | 1,598 | –1,598 | 0 | 964 | –964 | | 2.1.2 Portfolio Investment | 71,080 | 60,282 | 10,799 | 71,937 | 69,661 | 2,276 | | 2.1.2.1 In India | 70,858 | 59,727 | 11,131 | 71,802 | 69,427 | 2,376 | | 2.1.2.1.1 FIIs | 70,858 | 59,727 | 11,131 | 71,802 | 69,427 | 2,376 | | 2.1.2.1.1.1 Equity | 57,118 | 50,678 | 6,440 | 58,274 | 56,148 | 2,126 | | 2.1.2.1.1.2 Debt | 13,739 | 9,049 | 4,691 | 13,528 | 13,279 | 249 | | 2.1.2.1.2 ADR/GDRs | 0 | 0 | 0 | 0 | 0 | 0 | | 2.1.2.2 Abroad | 223 | 554 | –332 | 135 | 235 | –100 | | 2.2 Loans (2.2.1+2.2.2+2.2.3) | 34,267 | 30,279 | 3,987 | 40,835 | 33,870 | 6,965 | | 2.2.1 External Assistance | 2,020 | 1,154 | 866 | 2,686 | 1,257 | 1,430 | | 2.2.1.1 By India | 14 | 58 | –43 | 14 | 31 | –17 | | 2.2.1.2 To India | 2,005 | 1,096 | 909 | 2,673 | 1,225 | 1,447 | | 2.2.2 Commercial Borrowings | 6,976 | 7,851 | –875 | 13,581 | 12,589 | 992 | | 2.2.2.1 By India | 1,736 | 1,675 | 61 | 6,134 | 6,098 | 36 | | 2.2.2.2 To India | 5,240 | 6,176 | –936 | 7,447 | 6,491 | 956 | | 2.2.3 Short Term to India | 25,270 | 21,274 | 3,996 | 24,568 | 20,025 | 4,543 | | 2.2.3.1 Suppliers' Credit > 180 days & Buyers' Credit | 24,645 | 21,274 | 3,371 | 22,951 | 20,025 | 2,926 | | 2.2.3.2 Suppliers' Credit up to 180 days | 625 | 0 | 625 | 1,617 | 0 | 1,617 | | 2.3 Banking Capital (2.3.1+2.3.2) | 16,039 | 29,081 | –13,042 | 31,834 | 27,205 | 4,629 | | 2.3.1 Commercial Banks | 16,034 | 29,081 | –13,047 | 31,751 | 27,205 | 4,547 | | 2.3.1.1 Assets | 163 | 11,215 | –11,053 | 7,132 | 10,960 | –3,829 | | 2.3.1.2 Liabilities | 15,872 | 17,866 | –1,994 | 24,620 | 16,244 | 8,375 | | 2.3.1.2.1 Non-Resident Deposits | 15,006 | 12,308 | 2,698 | 20,068 | 15,432 | 4,636 | | 2.3.2 Others | 5 | 0 | 5 | 83 | 0 | 83 | | 2.4 Rupee Debt Service | – | 48 | –48 | – | 50 | –50 | | 2.5 Other Capital | 9,743 | 6,080 | 3,663 | 13,045 | 8,250 | 4,795 | | 3 Errors & Omissions | –472 | – | –472 | 1,279 | – | 1,279 | | 4 Monetary Movements (4.1+ 4.2) | 0 | 7,312 | –7,312 | 0 | 13,237 | –13,237 | | 4.1 I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | | 4.2 Foreign Exchange Reserves (Increase - / Decrease +) | 0 | 7,312 | –7,312 | 0 | 13,237 | –13,237 | | Note : Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |