617 RBI Bulletin | Official Website of Reserve Bank of India
Skip to main content

RBI Bulletin


Search Archives
Section

PDF - No. 43 : INDIAS OVERALL BALANCE OF PAYMENTS IN RUPEES ()
No. 43 : INDIA'S OVERALL BALANCE OF PAYMENTS IN RUPEES
Date : Oct 03, 1998
                            (Rs. crore)
Items 1990-91PR
 1995-96PR
 1996-97PR
 1997-98
      Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net
    1 2 3 4 5 6 7 8 9 10 11 12 13
A. CURRENT ACCOUNT                        
I. MERCHANDISE 33152.6 50086.2 -16933.6 108481.1 146542.3 -38061.2 121193.5 173753.0 -52559.5 129515.9 190266.8 -60750.9
II. INVISIBLES (a+b+c) 13393.6 13828.5 -434.9 59481.7 41027.2 18454.5 76533.8 39813.4 36720.4 85517.1 49321.2 36195.9
  a) Services 8167.1 6408.1 1759.0 24787.6 25449.5 -661.9 27007.1 23943.4 3063.7 34488.2 30157.1 4331.1
    i) Travel 2612.5 702.5 1910.0 9150.3 3908.8 5241.5 10231.8 3049.3 7182.5 10879.6 5339.6 5540.0
    ii) Transportation 1764.6 1961.0 -196.4 6764.5 7279.5 -515.0 6942.4 8497.1 -1554.7 6652.1 9352.3 -2700.2
    iii) Insurance 198.4 158.4 40.0 599.6 478.9 120.7 771.1 542.6 228.5 869.7 679.1 190.6
    iv) G.n.i.e. 27.3 311.2 -283.9 44.0 724.1 -680.1 256.9 634.7 -377.8 1037.6 593.8 443.8
    v) Miscellaneous 3564.3 3275.0 289.3 8229.2 13058.2 -4829.0 8804.9 11219.7 -2414.8 15049.2 14192.3 856.9
  b) Transfers 4566.0 27.5 4538.5 29962.1 129.2 29832.9 45715.7 290.5 45425.2 45234.2 164.9 45069.3
    vi) Official 829.3 1.8 827.5 1193.7 21.0 1172.7 1507.4 50.3 1457.1 1304.9 - 1304.9
    vii) Private 3736.7 25.7 3711.0 28768.4 108.2 28660.2 44208.3 240.2 43968.1 43929.3 164.9 43764.4
  c) Investment Income 660.5 7392.9 -6732.4 4732.0 15448.5 -10716.5 3811.0 15579.5 -11768.5 5794.7 18999.2 -13204.5
Total Current Account 46546.2 63914.7 -17368.5 167962.8 187569.5 -19606.7 197727.3 213566.4 -15839.1 215033.0 239588.0 -24555.0
(I+II)                        
B. CAPITAL ACCOUNT                        
1. Foreign Investment 201.8 18.3 183.5 19041.9 3418.2 15623.7 27342.0 6621.5 20720.5 33045.2 14612.4 18432.8
  (a+b)                        
  a) In India 201.8 18.3 183.5 18994.4 2720.8 16273.6 27309.2 5921.9 21387.3 32676.0 14114.6 18561.4
    i. Direct 191.7 18.1 173.6 7277.2 100.7 7176.5 9728.6 76.5 9652.1 11970.5 123.6 11846.9
    ii. Portfolio 10.1 0.2 9.9 11717.2 2620.1 9097.1 17580.6 5845.4 11735.2 20705.5 13991.0 6714.5
  b) Abroad - - - 47.5 697.4 -649.9 32.8 699.6 -666.8 369.2 497.8 -128.6
2. Loans 16922.4 6994.7 9927.7 38395.5 30421.5 7974.0 62989.9 46008.1 16981.8 64110.7 46688.5 17422.2
  (a+b+c)                        
  a) External Assistance 6094.5 2140.1 3954.4 10101.4 6799.2 3302.2 10892.9 6923.2 3969.7 10795.0 7442.4 3352.6
    i) By India - 10.5 -10.5 - 53.6 -53.6 - 28.6 -28.6 - 77.7 -77.7
    ii) To India 6094.5 2129.6 3964.9 10101.4 6745.6 3355.8 10892.9 6894.6 3998.3 10795.0 7364.7 3430.3
  b) Commercial Borrowings 7683.8 3639.2 4044.6 14470.4 9892.4 4578.0 26896.0 16862.9 10033.1 27253.0 12653.3 14599.7
    (MT & LT)                        
    i) By India 54.1 43.9 10.2 30.0 - 30.0 29.5 - 29.5 42.3 - 42.3
    ii) To India 7629.7 3595.3 4034.4 14440.4 9892.4 4548.0 26866.5 16862.9 10003.6 27210.7 12653.3 14557.4
  c) Short Term                        
    To India 3144.1 1215.4 1928.7 13823.7 13729.9 93.8 25201.0 22222.0 2979.0 26062.7 26592.8 -530.1
3. Banking Capital 18133.4 16908.6 1224.8 21691.7 19246.7 2445.0 28394.2 20504.1 7890.1 33053.6 36243.4 -3189.8
  (a+b)                        
  a) Commercial Banks 14282.0 12659.8 1622.2 20787.3 17704.0 3083.3 27052.0 19145.7 7906.3 30326.4 34838.9 -4512.5
    i) Assets 764.2 1415.8 -651.6 2845.4 4319.9 -1474.5 2650.7 5738.3 -3087.6 2093.4 10214.1 -8120.7
    ii) Liabilities 334.5 817.1 -482.6 1270.9 534.3 736.6 362.6 1262.6 -900.0 193.0 909.1 -716.1
    iii) Non-Resident Deposits 13183.3 10426.9 2756.4 16671.0 12849.8 3821.2 24038.7 12144.8 11893.9 28040.0 23715.7 4324.3
  b) Others 3851.4 4248.8 -397.4 904.4 1542.7 -638.3 1342.2 1358.4 -16.2 2727.2 1404.5 1322.7
4. Rupee Debt Service - 2139.8 -2139.8 - 3105.5 -3105.5 - 2542.0 -2542.0 - 2783.5 -2783.5
5. Other Capital 5593.3 2128.7 3464.6 2474.3 11140.4 -8666.1 9390.5 10267.4 -876.9 23821.9 9170.8 14651.1
Total Capital Account 40850.9 28190.1 12660.8 81603.4 67332.3 14271.1 128116.6 85943.1 42173.5 154031.4 109498.6 44532.8
(1 to 5)                        
C. Errors & Omissions 236.8 - 236.8 1286.9 - 1286.9 - 2114.3 -2114.3 - 3324.0 -3324.0
D. Overall Balance 87633.9 92104.8 -4470.9 250853.1 254901.8 -4048.7 325843.9 301623.8 24220.1 369064.4 352410.6 16653.8
  (Total Capital Account,                        
  Current Account and                        
  Errors & Omissions                        
  (A+B+C)                        
E. Monetary Movements 5626.8 1155.9 4470.9 9797.7 5749.0 4048.7 - 24220.1 -24220.1 5900.5 22554.3 -16653.8
  (i+ii)                        
  i) I.M.F. 3333.7 1155.9 2177.8 - 5749.0 -5749.0 - 3461.2 -3461.2 - 2286.2 -2286.2
  ii) Foreign Exchange Reserves 2293.1 - 2293.1 9797.7 - 9797.7 - 20758.9 -20758.9 5900.5 20268.1 -14367.6
    ( Increase - / Decrease +)                        

See 'Notes on Tables'.
PR : Partially Revised.

No. 43 : INDIA'S OVERALL BALANCE OF PAYMENTS IN RUPEES QUARTERLY (Concld.)
              (Rs. crore)
        July-September 1997 PR
 October-December 1997
 January-March 1998
 Aprill-June 1998
Items                        
        Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net
    1   2 3 4 5 6 7 8 9 10 11 12 13
A. CURRENT ACCOUNT                        
I. MERCHANDISE 32266.5 42088.3 -9821.8 31978.0 49955.6 -17977.6 34577.8 52371.7 -17793.9 31913.3 50883.1 -18969.8
II. INVISIBLES (a+b+c) 22041.3 12251.0 9790.3 22509.1 11973.6 10535.5 20833.5 14684.5 6149.0 25722.3 14969.1 10753.2
  a) Services 7145.2 7401.3 -256.1 9925.8 6964.0 2961.8 9660.5 8468.9 1191.6 12376.1 11236.5 1139.6
    i) Travel 2255.4 1489.4 766.0 3122.7 1160.9 1961.8 3227.7 1465.1 1762.6 2735.0 1788.1 946.9
    ii) Transportation 1856.6 2436.7 -580.1 1297.8 2080.8 -783.0 1713.8 2340.7 -626.9 1825.1 3021.6 -1196.5
    iii) Insurance 238.6 211.7 26.9 169.0 145.8 23.2 254.9 214.9 40.0 237.1 109.7 127.4
    iv) G.n.i.e. 273.6 117.8 155.8 242.7 85.8 156.9 427.2 188.9 238.3 408.8 601.0 -192.2
    v) Miscellaneous 2521.0 3145.7 -624.7 5093.6 3490.7 1602.9 4036.9 4259.3 -222.4 7170.1 5716.1 1454.0
  b) Transfers 13382.9 46.1 13336.8 11217.8 32.6 11185.2 9660.5 58.4 9602.1 11134.8 76.6 11058.2
    vi) Official 245.0 - 245.0 487.7 - 487.7 304.7 - 304.7 207.1 - 207.1
    vii) Private 13137.9 46.1 13091.8 10730.1 32.6 10697.5 9355.8 58.4 9297.4 10927.7 76.6 10851.1
  c) Investment Income 1513.2 4803.6 -3290.4 1365.5 4977.0 -3611.5 1512.5 6157.2 -4644.7 2211.4 3656.0 -1444.6
Total Current Account 54307.8 54339.3 -31.5 54487.1 61929.2 -7442.1 55411.3 67056.2 -11644.9 57635.6 65852.2 -8216.6
(I+II)                        
B. CAPITAL ACCOUNT                        
1. Foreign Investment 7271.9 3146.1 4125.8 9149.8 4619.4 4530.4 7288.7 4151.1 3137.6 5143.1 3114.4 2028.7
  (a+b)                        
  a) In India 7251.1 3017.8 4233.3 9059.8 4502.7 4557.1 7076.4 4029.0 3047.4 4558.0 2749.7 1808.3
    i. Direct 2408.1 5.6 2402.5 2698.5 50.3 2648.2 2719.6 14.0 2705.6 3533.0 - 3533.0
    ii. Portfolio 4843.0 3012.2 1830.8 6361.3 4452.4 1908.9 4356.8 4015.0 341.8 1025.0 2749.7 -1724.7
  b) Abroad 20.8 128.3 -107.5 90.0 116.7 -26.7 212.3 122.1 90.2 585.1 364.7 220.4
2. Loans 18027.0 11455.4 6571.6 15920.8 13468.3 2452.5 15182.2 13935.0 1247.2 11358.2 12563.4 -1205.2
  (a+b+c)                        
  a) External Assistance 2276.6 1830.6 446.0 3169.6 1649.5 1520.1 3794.9 2235.2 1559.7 1715.6 1912.0 -196.4
    i) By India - 32.2 -32.2 - 17.3 -17.3 - 8.2 -8.2 1.0 36.0 -35.0
    ii) To India 2276.6 1798.4 478.2 3169.6 1632.2 1537.4 3794.9 2227.0 1567.9 1714.6 1876.0 -161.4
  b) Commercial Borrowings 9109.6 3066.2 6043.4 6303.5 4124.4 2179.1 5300.3 4168.6 1131.7 3075.0 1995.5 1079.5
    (MT & LT)                        
    i) By India 26.6 - 26.6 3.8 - 3.8 - - - - - -
    ii) To India 9083.0 3066.2 6016.8 6299.7 4124.4 2175.3 5300.3 4168.6 1131.7 3075.0 1995.5 1079.5
  c) Short Term                        
    To India 6640.8 6558.6 82.2 6447.7 7694.4 -1246.7 6087.0 7531.2 -1444.2 6567.6 8655.9 -2088.3
3. Banking Capital 5814.7 10969.7 -5155.0 7399.0 12761.6 -5362.6 8756.6 5342.5 3414.1 5020.1 8680.1 -3660.0
  (a+b)                        
  a) Commercial Banks 5814.6 10323.6 -4509.0 6424.3 12167.5 -5743.2 8609.0 5186.7 3422.3 3633.6 8677.8 -5044.2
    i) Assets 825.3 3220.3 -2395.0 216.3 5170.6 -4954.3 31.8 193.3 -161.5 20.7 5083.4 -5062.7
    ii) Liabilities 49.8 177.4 -127.6 35.5 24.3 11.2 24.2 431.4 -407.2 16.9 168.5 -151.6
    iii) Non-Resident Deposits 4939.5 6925.9 -1986.4 6172.5 6972.6 -800.1 8553.0 4562.0 3991.0 3596.0 3425.9 170.1
  b) Others 0.1 646.1 -646.0 974.7 594.1 380.6 147.6 155.8 -8.2 1386.5 2.3 1384.2
4. Rupee Debt Service - 8.1 -8.1 - 189.3 -189.3 - 320.6 -320.6 - 2386.6 -2386.6
5. Other Capital 1962.7 1185.4 777.3 6217.1 2229.3 3987.8 12422.0 2773.6 9648.4 6394.3 816.3 5578.0
Total Capital Account 33076.3 26764.7 6311.6 38686.7 33267.9 5418.8 43649.5 26522.8 17126.7 27915.7 27560.8 354.9
  (1 to 5)                        
C. Errors & Omissions - 3846.2 -3846.2 - 3335.2 -3335.2 2850.2 - 2850.2 692.3 - 692.3
D. Overall Balance 87384.1 84950.2 2433.9 93173.8 98532.3 -5358.5 101911.0 93579.0 8332.0 86243.6 93413.0 -7169.4
  (Total Capital Account,                        
  Current Account and                        
  Errors & Omissions                        
  (A+B+C)                        
E. Monetary Movements - 2433.9 -2433.9 5900.5 542.0 5358.5 - 8332.0 -8332.0 7586.7 417.3 7169.4
  (i+ii+iii)                        
  i) I.M.F. - 646.8 -646.8 - 542.0 -542.0 - 488.4 -488.4 - 417.3 -417.3
  ii) Foreign Exchange Reserves - 1787.1 -1787.1 5900.5 - 5900.5 - 7843.6 -7843.6 7586.7 - 7586.7
    ( Increase - / Decrease +)                        
Note: With effect from 1996-97, private transfer receipts include redemption in rupees of both  principal and interest under Non-Resident External (Rupee) Accounts [NRE(R)A] and Non-Resident Non-Repatriable Rupee Deposit [NR(NR)RD] schemes. This marks an improvement in data reporting.


Archives

Top
Back to previous page