Publications

(US$ Millions)

End-March

End-March

End-March

End-March

End-March

End-March

Annual

Annual

Annual

Annual

Annual

Item

1997 *

1998

1999

2000

2001

2002

Variation

Variation

Variation

Variation

Variation

Provisional

Provisional

1997-98

1998-99

1999-2000

2000-2001

2001-2002

   1. Direct investment abroad

      1.1 Equity capital and reinvestedearnings

617.29

705.78

1707.32

1858.50

2373.01

3011.60

88.49

1001.54

151.18

514.50

638.59

          1.1.1 Claims on affiliated enterprises

          1.1.2 Liabilities to affiliated enterprises

      1.2 Other capital

         1.2.1 Claims on affiliated enterprises

         1.2.2 Liabilities to affiliated enterprises

      1.3 Financial derivatives

         1.3.1 Claims on direct investors

         1.3.2 Liabilities to direct investors

   2. Portfolio investment

      2.1 Equity securities

         2.1.1 Monetary authorities

         2.1.2 General government

         2.1.3 Banks

79.76

96.31

79.76

16.55

         2.1.4 Other sectors $

172.07

164.58

24.51

20.64

19.94

19.94

-7.50

-140.07

-3.87

-0.70

0.00

      2.2 Debt securities

         2.2.1 Bonds and notes

             2.2.1.1 Monetary authorities

             2.2.1.2 General government

             2.2.1.3 Banks

2.51

0.00

4.34

5.23

73.33

116.19

-2.51

4.34

0.89

68.09

42.86

             2.2.1.4 Other sectors $

107.75

110.90

97.80

94.71

97.77

112.58

3.15

-13.10

-3.09

3.06

14.81

         2.2.2 Money market instruments

             2.2.2.1 Monetary authorities

             2.2.2.2 General government

             2.2.2.3 Banks

0.00

0.00

3.02

0.00

56.82

78.89

0.00

3.02

-3.02

56.82

22.07

             2.2.2.4 Other sectors

        2.2.3 Financial derivatives

             2.2.3.1 Monetary authorities

             2.2.3.2 General government

             2.2.3.3 Banks

             2.2.3.4 Other sectors

 3. Other investments

     3.1 Trade credits

        3.1.1 General government

            3.1.1.1 Long-term

            3.1.1.2 Short-term

        3.1.2 Other sectors

            3.1.2.1 Long-term

            3.1.2.2 Short-term

973.41

785.30

1639.37

610.59

922.38

728.00

-188.11

854.07

-1028.78

311.78

-194.37

  3.2. Loans

       3.2.1 Monetary authorities

            3.2.1.1 Long-term

            3.2.1.2 Short-term

       3.2.2 General government

            3.2.2.1 Long-term

238.34

244.08

271.00

300.42

334.91

379.51

5.74

26.92

29.42

34.48

44.60

            3.2.2.2 Short-term

       3.2.3 Banks

            3.2.3.1 Long-term

257.55

348.02

345.51

675.27

1423.99

1604.43

90.46

-2.51

329.76

748.72

180.44

            3.2.3.2 Short-term

       3.2.4 Other sectors

            3.2.4.1 Long-term

51.79

40.07

34.79

14.71

9.48

5.50

-11.72

-5.28

-20.08

-5.23

-3.98

            3.2.4.2 Short-term

  3.3 Currency and deposits

       3.3.1 Monetary authorities

       3.3.2 General government

110.54

84.64

33.94

13.84

10.01

5.78

-25.90

-50.69

-20.10

-3.83

-4.23

       3.3.3 Banks

4559.65

5765.95

5908.56

8563.59

9887.66

8067.83

1206.30

142.61

2655.03

1324.07

-1819.83

       3.3.4 Other sectors $

617.01

850.49

983.86

975.58

975.58

975.58

233.48

133.37

-8.28

0.00

0.00

  3.4 Other assets

       3.4.1 Monetary authorities

           3.4.1.1 Long-term

           3.4.1.2 Short-term

       3.4.2 General government

           3.4.2.1 Long-term $

1766.67

1717.69

1928.60

1904.14

1774.23

1739.34

-48.98

210.91

-24.46

-129.91

-34.89

           3.4.2.2 Short-term

       3.4.3 Banks

           3.4.3.1 Long-term

2451.62

1574.12

1426.29

1360.37

1336.07

1129.06

-877.50

-147.83

-65.92

-24.30

-207.01

           3.4.3.2 Short-term

       3.4.4 Other sectors

           3.4.4.1 Long-term $

129.19

306.87

265.82

620.57

642.15

643.88

177.68

-41.05

354.75

21.58

1.72

           3.4.4.2 Short-term

4. Reserve assets

   4.1 Monetary gold

4054.00

3391.00

2960.00

2974.00

2725.00

3047.00

-663.00

-431.00

14.00

-249.00

322.00

   4.2 Special drawing rights

2.00

1.00

8.00

4.00

2.00

10.00

-1.00

7.00

-4.00

-2.00

8.00

   4.3 Reserve position in the Fund

291.00

283.00

663.23

658.30

615.96

609.49

-8.00

380.23

-4.92

-42.35

-6.47

   4.4 Foreign exchange

22367.00

25975.00

29522.00

35058.00

39554.00

51049.00

3608.00

3547.00

5536.00

4496.00

11495.00

       4.4.1 Currency and deposits

37074.00

            4.4.1.1 With monetary authorities

30928.00

            4.4.1.2 With banks

6146.00

     4.4.2 Securities

13975.00

            4.4.2.1 Equities

            4.4.2.2 Bonds and notes

            4.4.2.3 Money market instruments

                  and financial derivatives

  4.5 Other claims

Total Foreign Assets

38769.41

42348.49

47827.97

55712.49

62914.03

73429.90

3579.08

5479.48

7884.52

7201.55

10515.87

(US$ Millions)

End-March

End-March

End-March

End-March

End-March

End-March

Annual

Annual

Annual

Annual

Annual

Item

1997 *

1998

1999

2000

2001

2002

Variation

Variation

Variation

Variation

Variation

Provisional

Provisional

1997-98

1998-99

1999-2000

2000-2001

2001-2002

    1. Direct investment in reporting economy

      1.1 Equity capital and reinvested earnings $$

10165.67

13423.00

14401.00

16370.00

17593.00

20638.00

3257.33

978.00

1969.00

1223.00

3045.00

         1.1.1 Claims on direct investors

         1.1.2 Liabilities to direct investors

      1.2 Other capital

         1.2.1 Claims on direct investors

         1.2.2 Liabilities to direct investors $$$

464.43

642.36

1025.10

1147.12

1052.45

1215.85

177.93

382.74

122.02

-94.67

163.40

      1.3 Financial derivatives

         1.3.1 Claims on direct investors

         1.3.2 Liabilities to direct investors

   2. Portfolio investment

      2.1 Equity securities

         2.1.1 Banks

81.90

112.09

81.90

30.19

         2.1.2 Other sectors

13630.80

14108.62

13079.53

15733.97

17410.59

18610.65

477.82

-1029.09

2654.44

1676.62

1200.06

               of which

                 Foreign Institutional Investors $$

6728.39

7058.00

6191.00

8141.00

9665.00

10709.00

329.61

-867.00

1950.00

1524.00

1044.00

                 Others $$

6902.41

7050.62

6888.53

7592.97

7745.59

7901.65

148.21

-162.09

704.44

152.62

156.06

      2.2 Debt securities

         2.2.1 Bonds and notes

             2.2.1.1 Monetary authorities

             2.2.1.2 General government

203.04

201.20

182.46

202.07

187.85

168.89

-1.85

-18.73

19.60

-14.22

-18.96

             2.2.1.3 Banks #

1228.24

1284.32

5383.23

4986.89

10265.91

9865.51

56.08

4098.91

-396.34

5279.02

-400.40

             2.2.1.4 Other sectors ##

3594.26

4738.21

4387.95

4086.38

3406.47

2909.49

1143.95

-350.26

-301.57

-679.91

-496.99

         2.2.2 Money market instruments

             2.2.2.1 Monetary authorities

             2.2.2.2 General government

87.48

77.76

72.19

0.00

0.00

0.00

-9.72

-5.57

-72.19

0.00

0.00

             2.2.2.3 Banks

             2.2.2.4 Other sectors

         2.2.3 Financial derivatives

             2.2.3.1 Monetary authorities

             2.2.3.2 General government

             2.2.3.3 Banks

             2.2.3.4 Other sectors

3. Other investments

    3.1 Trade credits

        3.1.1 General government

             3.1.1.1 Long-term

245.02

126.09

65.51

19.03

12.86

0.00

-118.93

-60.58

-46.48

-6.17

-12.86

             3.1.1.2 Short-term

        3.1.2 Other sectors

            3.1.2.1 Long-term

2500.35

2494.49

2459.53

2464.63

2193.83

1973.16

-5.86

-34.97

5.10

-270.80

-220.67

            3.1.2.2 Short-term **

2953.08

2854.03

2188.05

2563.70

2670.67

1777.25

-99.05

-665.98

375.65

106.97

-893.41

   3.2 Loans

       3.2.1 Monetary authorities

            3.2.1.1 Use of Fund credit

1312.54

663.88

287.03

25.91

0.00

0.00

-648.66

-376.85

-261.11

-25.91

0.00

                  and loans from the Fund

            3.2.1.2 Other long-term

            3.2.1.3 Short-term

       3.2.2 General government

            3.2.2.1 Long-term

47582.90

45282.19

45178.27

45971.56

43317.75

42557.79

-2300.71

-103.92

793.29

-2653.81

-759.97

                    of which

                        Rupee Debt

7511.62

5875.17

4731.24

4407.29

3716.98

2943.85

-1636.45

-1143.94

-323.94

-690.31

-773.13

                        Others

40071.28

39407.02

40447.03

41564.27

39600.77

39613.93

-664.26

1040.02

1117.24

-1963.50

13.16

            3.2.2.2 Short-term

       3.2.3 Banks

            3.2.3.1 Long-term

1999.72

2016.71

2191.12

2243.78

2060.25

2053.89

16.99

174.40

52.66

-183.53

-6.36

            3.2.3.2 Short-term

       3.2.4 Other sectors

           3.2.4.1 Long-term***

16847.84

19395.11

20160.95

20094.26

18510.80

17683.33

2547.28

765.84

-66.69

-1583.45

-827.47

           3.2.4.2 Short-term 

   3.3 Currency and deposits

       3.3.1 Monetary authorities

522.79

484.87

531.46

361.11

281.99

386.45

-37.92

46.59

-170.35

-79.12

104.47

       3.3.2 Banks @

14777.67

14104.82

13880.05

14930.17

16221.91

18102.05

-672.85

-224.77

1050.12

1291.74

1880.14

             of which

                    NRER Deposits

4983.00

5637.00

6045.00

6758.00

7147.00

8432.00

654.00

408.00

713.00

389.00

1285.00

                    Others

9794.67

8467.82

7835.05

8172.17

9074.91

9670.05

-1326.85

-632.77

337.12

902.74

595.14

  3.4 Other liabilities

      3.4.1 Monetary authorities

           3.4.1.1 Long-term

           3.4.1.2 Short-term

      3.4.2 General government

           3.4.2.1 Long-term

           3.4.2.2 Short-term

      3.4.3 Banks

           3.4.3.1 Long-term

           3.4.3.2 Short-term

377.02

47.36

40.10

120.22

21.64

15.23

-329.66

-7.26

80.12

-98.58

-6.41

      3.4.4 Other sectors

           3.4.4.1 Long-term

           3.4.4.2 Short-term $

269.53

255.48

335.57

243.32

287.52

287.85

-14.05

80.09

-92.25

44.20

0.33

Total Foreign Liabilities

118762.37

122200.50

125849.09

131564.11

135577.39

138357.48

3438.13

3648.59

5715.02

4013.28

2780.08

Net Foreign liabilities (B-A)

79992.96

79852.02

78021.12

75851.63

72663.36

64927.58

-140.95

-1830.89

-2169.50

-3188.27

-7735.78

*: India's Foreign Liabilities & Assets as on March 1997 Published in the RBI Bulletin of October 2000 have been revised.
$ : End March 1998, 1999, 2000 figures are taken from Survey on Foreign Liabilities & Assets as on March 1998, March 1999 & March 2000.
$$: Foreign Direct Investment (FDI) & Portfolio Investment are not adjusted for price changes.
$$$: All liabilities (other than equity) between direct investor & direct investment enterprises are treated as other capital.
# : Include India Development Bonds, Resurgent India Bonds, India Millennium Deposits (IMDs).
## : Include Foreign Currency Convertible bonds.
@ : Include accrued interest. Do not include non-resident non-repatriable deposits.
** : Suppliers Credits upto 180 days are not included.
*** : Includes Buyers' Credit.Loan transactions between direct investor & direct investment enterprises are treated as other capital.