| (₹ Crore) |
| Item/Year | April-June 2022 | July-September 2022 | October-December 2022 | January-March 2023 |
| 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 | | | | | | | | | | | | |
| 1. Merchandise | 947837 | 1434534 | -486697 | 892533 | 1517441 | -624907 | 868107 | 1454536 | -586429 | 952809 | 1385415 | -432606 |
| 2. Invisibles (a+b+c) | 835466 | 487431 | 348035 | 905444 | 527125 | 378319 | 1002128 | 554068 | 448061 | 1005196 | 583745 | 421451 |
| a) Services | 587342 | 347531 | 239811 | 638217 | 363513 | 274704 | 685765 | 367522 | 318243 | 706112 | 384660 | 321451 |
| i) Travel | 36320 | 48618 | -12298 | 46081 | 60160 | -14079 | 66776 | 56807 | 9970 | 69476 | 63331 | 6145 |
| ii) Transportation | 76019 | 90923 | -14904 | 76035 | 90467 | -14432 | 71992 | 77348 | -5356 | 65454 | 66565 | -1111 |
| iii) Insurance | 7061 | 3936 | 3125 | 6031 | 4676 | 1355 | 6438 | 6548 | -110 | 6777 | 3740 | 3037 |
| iv) G.n.i.e. | 1314 | 1596 | -282 | 1463 | 1751 | -288 | 1520 | 2317 | -797 | 1185 | 2525 | -1339 |
| v) Miscellaneous | 466628 | 202458 | 264170 | 508608 | 206460 | 302148 | 539038 | 224502 | 314536 | 563219 | 248500 | 314719 |
| of which | | | | | | | | | | | | |
| Software services | 266112 | 29209 | 236902 | 289082 | 28298 | 260784 | 309080 | 33356 | 275723 | 316497 | 33753 | 282744 |
| Business services | 137013 | 110398 | 26614 | 152740 | 111423 | 41317 | 174257 | 124338 | 49919 | 183122 | 134212 | 48910 |
| Financial services | 12811 | 11683 | 1129 | 16862 | 12764 | 4098 | 16021 | 10624 | 5397 | 17215 | 10718 | 6497 |
| Communication services | 7419 | 3390 | 4029 | 6405 | 3185 | 3219 | 6924 | 2701 | 4223 | 21041 | 18237 | 2804 |
| b) Transfers | 197995 | 21434 | 176560 | 219132 | 21450 | 197682 | 253741 | 19726 | 234014 | 235693 | 31986 | 203706 |
| i) Official | 241 | 1713 | -1472 | 413 | 2145 | -1732 | 478 | 1907 | -1429 | 194 | 2810 | -2616 |
| ii) Private | 197753 | 19722 | 178032 | 218719 | 19305 | 199414 | 253262 | 17819 | 235443 | 235499 | 29176 | 206322 |
| c) Income | 50130 | 118466 | -68336 | 48094 | 142162 | -94067 | 62623 | 166820 | -104197 | 63392 | 167098 | -103707 |
| i) Investment income | 37081 | 112425 | -75344 | 35091 | 135345 | -100254 | 48514 | 159694 | -111180 | 49444 | 159555 | -110111 |
| ii) Compensation of employees | 13049 | 6041 | 7008 | 13003 | 6816 | 6187 | 14109 | 7126 | 6984 | 13948 | 7544 | 6404 |
| Total current account (1+2) | 1783304 | 1921965 | -138662 | 1797977 | 2044566 | -246589 | 1870236 | 2008604 | -138368 | 1958005 | 1969160 | -11155 |
| B. Capital account | | | | | | | | | | | | |
| 1. Foreign investment (a+b) | 820164 | 829717 | -9553 | 796226 | 694559 | 101667 | 783160 | 728570 | 54589 | 689231 | 650644 | 38587 |
| a) Foreign direct investment (i+ii) | 177727 | 74355 | 103373 | 144465 | 94920 | 49545 | 139897 | 123209 | 16688 | 140546 | 88268 | 52278 |
| i) In India | 173468 | 47943 | 125526 | 134857 | 62266 | 72591 | 132544 | 72310 | 60233 | 130453 | 53788 | 76665 |
| Equity | 130813 | 44743 | 86070 | 85372 | 56743 | 28629 | 84224 | 65203 | 19021 | 79863 | 51450 | 28413 |
| Reinvested earnings | 33883 | - | 33883 | 37283 | - | 37283 | 41648 | - | 41648 | 40937 | - | 40937 |
| Other capital | 8772 | 3200 | 5572 | 12202 | 5523 | 6678 | 6671 | 7107 | -436 | 9652 | 2338 | 7315 |
| ii) Abroad | 4259 | 26412 | -22153 | 9608 | 32654 | -23046 | 7353 | 50898 | -43545 | 10093 | 34480 | -24387 |
| Equity | 4259 | 9676 | -5417 | 9608 | 14223 | -4615 | 7353 | 29691 | -22337 | 10093 | 17465 | -7372 |
| Reinvested earnings | - | 8513 | -8513 | - | 8801 | -8801 | - | 9067 | -9067 | - | 9073 | -9073 |
| Other capital | - | 8222 | -8222 | - | 9630 | -9630 | - | 12141 | -12141 | - | 7941 | -7941 |
| b) Portfolio investment | 642437 | 755362 | -112926 | 651761 | 599639 | 52122 | 643263 | 605362 | 37901 | 548685 | 562376 | -13691 |
| i) In India | 637168 | 750316 | -113148 | 649339 | 594268 | 55071 | 636539 | 599406 | 37133 | 543912 | 556972 | -13060 |
| FIIs | 637168 | 750316 | -113148 | 649339 | 594268 | 55071 | 636539 | 599406 | 37133 | 543912 | 556972 | -13060 |
| of which: | | | | | | | | | | | | |
| Equity | 561680 | 677686 | -116006 | 576224 | 528326 | 47898 | 587580 | 542060 | 45520 | 472831 | 493254 | -20423 |
| Debt | 75489 | 72631 | 2858 | 73116 | 65943 | 7173 | 48959 | 57346 | -8387 | 71080 | 63718 | 7363 |
| GDRs/ADRs | - | - | - | - | - | - | - | - | - | - | - | - |
| ii) Abroad | 5268 | 5046 | 222 | 2422 | 5371 | -2949 | 6723 | 5955 | 768 | 4774 | 5404 | -631 |
| 2. Loans (a+b+c) | 184977 | 153640 | 31336 | 196127 | 191281 | 4846 | 209972 | 205473 | 4499 | 218106 | 192973 | 25133 |
| a) External assistance | 24922 | 10988 | 13934 | 16095 | 12155 | 3940 | 25384 | 13021 | 12363 | 26652 | 12519 | 14133 |
| i) By India | 63 | 180 | -117 | 63 | 180 | -117 | 63 | 180 | -117 | 63 | 180 | -117 |
| ii) To India | 24859 | 10808 | 14051 | 16032 | 11975 | 4057 | 25321 | 12841 | 12480 | 26589 | 12339 | 14250 |
| b) Commercial borrowings (MT<) | 25103 | 46788 | -21685 | 43165 | 44735 | -1570 | 38722 | 58523 | -19800 | 60240 | 46876 | 13363 |
| i) By India | 1664 | 1062 | 603 | 2861 | 799 | 2062 | 3608 | 2599 | 1010 | 2237 | 3144 | -907 |
| ii) To India | 23438 | 45726 | -22287 | 40304 | 43936 | -3632 | 35114 | 55924 | -20810 | 58003 | 43732 | 14271 |
| c) Short term Credit to India | 134952 | 95864 | 39087 | 136866 | 134391 | 2475 | 145866 | 133929 | 11937 | 131214 | 133577 | -2364 |
| i) Suppliers’ Credit & Buyers’ Credit >180 days | 134952 | 88778 | 46173 | 136866 | 120023 | 16843 | 145866 | 126902 | 18964 | 131214 | 112256 | 18958 |
| ii) Suppliers’ credit up to 180 days | - | 7086 | -7086 | - | 14368 | -14368 | - | 7027 | -7027 | - | 21322 | -21322 |
| 3. Banking capital (a+b) | 382650 | 235676 | 146974 | 124217 | 191617 | -67400 | 297825 | 179162 | 118663 | 230320 | 263635 | -33315 |
| a) Commercial banks | 382650 | 231704 | 150945 | 124217 | 191604 | -67387 | 297825 | 177967 | 119858 | 229701 | 263635 | -33934 |
| i) Assets | 276591 | 126397 | 150194 | 1070 | 84951 | -83881 | 149160 | 50436 | 98724 | 35162 | 109084 | -73921 |
| ii) Liabilities | 106059 | 105308 | 752 | 123147 | 106652 | 16494 | 148665 | 127531 | 21135 | 194539 | 154551 | 39988 |
| of which: Non-Resident Deposits | 94837 | 92139 | 2697 | 111661 | 91794 | 19867 | 139159 | 118040 | 21119 | 173302 | 143842 | 29461 |
| b) Others | - | 3971 | -3971 | 0 | 13 | -13 | 0 | 1195 | -1195 | 619 | 0 | 619 |
| 4. Rupee debt service | - | 456 | -456 | - | 10 | -10 | - | 4 | -4 | - | 60 | -60 |
| 5. Other capital | 100693 | 98758 | 1934 | 79995 | 107440 | -27445 | 158633 | 98914 | 59719 | 124477 | 101018 | 23459 |
| Total capital account (1 to 5) | 1488483 | 1318247 | 170236 | 1196564 | 1184907 | 11657 | 1449590 | 1212123 | 237467 | 1262134 | 1208330 | 53804 |
| C. Errors & omissions | 3896 | - | 3896 | - | 7480 | -7480 | - | 8107 | -8107 | 3250 | - | 3250 |
| D. Overall balance (A+B+C) | 3275683 | 3240212 | 35471 | 2994541 | 3236952 | -242411 | 3319825 | 3228834 | 90992 | 3223390 | 3177490 | 45899 |
| E. Monetary movements (i+ii) | - | 35471 | -35471 | 242411 | - | 242411 | - | 90992 | -90992 | - | 45899 | -45899 |
| i) I.M.F. | - | - | - | - | - | - | - | - | - | - | - | - |
| ii) Foreign exchange reserves (Increase - / Decrease +) | - | 35471 | -35471 | 242411 | - | 242411 | - | 90992 | -90992 | - | 45899 | -45899 |
| of which: SDR Allocation | - | - | - | - | - | - | - | - | - | - | - | - |
| (Continued) |
| TABLE 196 : INDIA’S OVERALL BALANCE OF PAYMENTS - QUARTERLY - RUPEES (Contd.) |
| (₹ Crore) |
| Item/Year | April-June 2023 | July-September 2023 | October-December 2023 | January-March 2024 |
| Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
| 1 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| A. Current account | | | | | | | | | | | | |
| 1. Merchandise | 862564 | 1328644 | -466080 | 894849 | 1428394 | -533545 | 887883 | 1484481 | -596598 | 1009832 | 1441729 | -431897 |
| 2. Invisibles (a+b+c) | 959267 | 566867 | 392400 | 1020172 | 579903 | 440269 | 1077470 | 567728 | 509743 | 1095194 | 625377 | 469817 |
| a) Services | 662275 | 373584 | 288691 | 688997 | 358846 | 330151 | 730995 | 356225 | 374770 | 741899 | 387502 | 354397 |
| i) Travel | 52702 | 77997 | -25295 | 61845 | 71601 | -9756 | 82022 | 62341 | 19681 | 82705 | 66948 | 15758 |
| ii) Transportation | 60895 | 63237 | -2342 | 58311 | 60151 | -1840 | 57875 | 53767 | 4108 | 64519 | 65002 | -483 |
| iii) Insurance | 6251 | 4854 | 1398 | 6842 | 6785 | 57 | 6749 | 7130 | -381 | 7698 | 5395 | 2303 |
| iv) G.n.i.e. | 1305 | 2051 | -746 | 1154 | 2018 | -863 | 1512 | 2328 | -816 | 1073 | 2616 | -1543 |
| v) Miscellaneous | 541121 | 225445 | 315676 | 560846 | 218292 | 342554 | 582837 | 230658 | 352179 | 585904 | 247541 | 338363 |
| of which | | | | | | | | | | | | |
| Software services | 313769 | 34880 | 278889 | 327091 | 35818 | 291272 | 341751 | 39756 | 301995 | 344986 | 40752 | 304234 |
| Business services | 179448 | 124971 | 54477 | 177488 | 113019 | 64469 | 188585 | 117135 | 71450 | 187807 | 136067 | 51740 |
| Financial services | 15546 | 9473 | 6073 | 17106 | 9777 | 7329 | 20739 | 7958 | 12781 | 13280 | 10537 | 2743 |
| Communication services | 6827 | 2663 | 4165 | 7334 | 3015 | 4319 | 5834 | 3309 | 2524 | 4136 | 4197 | -61 |
| b) Transfers | 222898 | 35170 | 187728 | 232665 | 26623 | 206042 | 262631 | 18628 | 244002 | 266491 | 28049 | 238442 |
| i) Official | 160 | 2094 | -1934 | 189 | 2206 | -2018 | 785 | 1913 | -1127 | 423 | 2344 | -1921 |
| ii) Private | 222738 | 33076 | 189662 | 232476 | 24416 | 208060 | 261845 | 16716 | 245130 | 266068 | 25705 | 240363 |
| c) Income | 74093 | 158113 | -84019 | 98510 | 194435 | -95924 | 83844 | 192874 | -109030 | 86804 | 209826 | -123022 |
| i) Investment income | 59076 | 150981 | -91906 | 83966 | 186855 | -102889 | 67103 | 185576 | -118473 | 70763 | 201199 | -130436 |
| ii) Compensation of employees | 15018 | 7132 | 7886 | 14544 | 7579 | 6965 | 16741 | 7298 | 9443 | 16041 | 8627 | 7414 |
| Total current account (1+2) | 1821831 | 1895511 | -73680 | 1915021 | 2008297 | -93276 | 1965353 | 2052209 | -86855 | 2105027 | 2067106 | 37921 |
| B. Capital account | | | | | | | | | | | | |
| 1. Foreign investment (a+b) | 896431 | 728246 | 168185 | 1062802 | 1028803 | 33999 | 1202064 | 1069092 | 132972 | 1320601 | 1206932 | 113669 |
| a) Foreign direct investment (i+ii) | 158484 | 119605 | 38879 | 137107 | 143996 | -6890 | 157210 | 124264 | 32946 | 167544 | 148458 | 19086 |
| i) In India | 146247 | 85713 | 60534 | 129968 | 104866 | 25102 | 152496 | 82832 | 69664 | 161684 | 94741 | 66943 |
| Equity | 92604 | 76861 | 15743 | 81644 | 101488 | -19844 | 99194 | 73050 | 26144 | 105963 | 90780 | 15183 |
| Reinvested earnings | 37323 | - | 37323 | 39181 | - | 39181 | 42926 | - | 42926 | 44274 | - | 44274 |
| Other capital | 16320 | 8853 | 7467 | 9144 | 3378 | 5766 | 10376 | 9783 | 594 | 11447 | 3960 | 7487 |
| ii) Abroad | 12237 | 33892 | -21654 | 7138 | 39130 | -31992 | 4713 | 41432 | -36718 | 5860 | 53718 | -47858 |
| Equity | 12237 | 15322 | -3085 | 7138 | 13916 | -6778 | 4713 | 19610 | -14897 | 5860 | 26638 | -20778 |
| Reinvested earnings | - | 11889 | -11889 | - | 11956 | -11956 | - | 12044 | -12044 | - | 12009 | -12009 |
| Other capital | - | 6681 | -6681 | - | 13258 | -13258 | - | 9777 | -9777 | - | 15071 | -15071 |
| b) Portfolio investment | 737947 | 608641 | 129306 | 925695 | 884807 | 40889 | 1044854 | 944828 | 100026 | 1153057 | 1058474 | 94583 |
| i) In India | 729461 | 597209 | 132252 | 918597 | 874902 | 43695 | 1036599 | 939411 | 97188 | 1147577 | 1051439 | 96139 |
| FIIs | 729461 | 597209 | 132252 | 918597 | 874902 | 43695 | 1036599 | 939411 | 97188 | 1147577 | 1051439 | 96139 |
| of which: | | | | | | | | | | | | |
| Equity | 634364 | 522169 | 112195 | 839257 | 809559 | 29698 | 905860 | 850336 | 55523 | 1002841 | 991563 | 11278 |
| Debt | 95097 | 75040 | 20058 | 79340 | 65343 | 13997 | 130739 | 89075 | 41664 | 144736 | 59875 | 84861 |
| GDRs/ADRs | - | - | - | - | - | - | - | - | - | - | - | - |
| ii) Abroad | 8486 | 11432 | -2946 | 7099 | 9905 | -2806 | 8255 | 5417 | 2838 | 5480 | 7035 | -1555 |
| 2. Loans (a+b+c) | 249549 | 231670 | 17880 | 245743 | 218560 | 27184 | 211960 | 235363 | -23403 | 263920 | 231641 | 32279 |
| a) External assistance | 24921 | 13173 | 11749 | 21502 | 14877 | 6626 | 38345 | 11667 | 26679 | 29784 | 12969 | 16816 |
| i) By India | 72 | 404 | -331 | 72 | 404 | -331 | 72 | 404 | -331 | 66 | 255 | -188 |
| ii) To India | 24849 | 12769 | 12080 | 21430 | 14473 | 6957 | 38273 | 11263 | 27010 | 29718 | 12714 | 17004 |
| b) Commercial borrowings (MT<) | 127016 | 79876 | 47140 | 61712 | 86042 | -24330 | 55083 | 92769 | -37686 | 125543 | 111856 | 13688 |
| i) By India | 18179 | 17027 | 1153 | 23582 | 32453 | -8871 | 22583 | 37494 | -14911 | 28241 | 35769 | -7528 |
| ii) To India | 108837 | 62850 | 45987 | 38130 | 53590 | -15459 | 32500 | 55275 | -22775 | 97302 | 76086 | 21216 |
| c) Short term Credit to India | 97612 | 138621 | -41009 | 162529 | 117640 | 44888 | 118532 | 130928 | -12396 | 108592 | 106817 | 1775 |
| i) Suppliers’ Credit & Buyers’ Credit >180 days | 97612 | 117969 | -20357 | 145745 | 117640 | 28105 | 104379 | 130928 | -26549 | 99631 | 106817 | -7185 |
| ii) Suppliers’ credit up to 180 days | - | 20652 | -20652 | 16783 | - | 16783 | 14154 | - | 14154 | 8961 | - | 8961 |
| 3. Banking capital (a+b) | 273549 | 167181 | 106367 | 281213 | 245392 | 35820 | 340156 | 203943 | 136212 | 338106 | 280721 | 57384 |
| a) Commercial banks | 272138 | 167181 | 104957 | 281213 | 244798 | 36415 | 338525 | 203943 | 134582 | 330180 | 280721 | 49459 |
| i) Assets | 109451 | 27797 | 81653 | 71689 | 92667 | -20978 | 137815 | 43936 | 93879 | 76548 | 102370 | -25822 |
| ii) Liabilities | 162687 | 139384 | 23304 | 209524 | 152131 | 57393 | 200710 | 160008 | 40702 | 253632 | 178351 | 75281 |
| of which: Non-Resident Deposits | 155328 | 137175 | 18153 | 175715 | 149187 | 26528 | 186372 | 153723 | 32648 | 216214 | 171683 | 44531 |
| b) Others | 1410 | 0 | 1410 | 0 | 594 | -594 | 1630 | 0 | 1630 | 7926 | - | 7926 |
| 4. Rupee debt service | - | 512 | -512 | - | 12 | -12 | - | 13 | -13 | - | 60 | -60 |
| 5. Other capital | 75153 | 89057 | -13904 | 111493 | 102211 | 9282 | 46288 | 148921 | -102633 | 136818 | 128013 | 8804 |
| Total capital account (1 to 5) | 1494682 | 1216665 | 278017 | 1701251 | 1594977 | 106274 | 1800468 | 1657332 | 143135 | 2059444 | 1847368 | 212076 |
| C. Errors & omissions | - | 3511 | -3511 | 7821 | - | 7821 | - | 6333 | -6333 | 5343 | - | 5343 |
| D. Overall balance (A+B+C) | 3316513 | 3115687 | 200826 | 3624093 | 3603274 | 20819 | 3765821 | 3715874 | 49947 | 4169814 | 3914475 | 255339 |
| E. Monetary movements (i+ii) | - | 200826 | -200826 | - | 20819 | -20819 | - | 49947 | -49947 | - | 255339 | -255339 |
| i) I.M.F. | - | - | - | - | - | - | - | - | - | - | - | - |
| ii) Foreign exchange reserves (Increase - / Decrease +) | - | 200826 | -200826 | - | 20819 | -20819 | - | 49947 | -49947 | - | 255339 | -255339 |
| of which: SDR Allocation | - | - | - | - | - | - | - | - | - | - | - | - |
| (Continued) |
| TABLE 196 : INDIA’S OVERALL BALANCE OF PAYMENTS - QUARTERLY - RUPEES (Contd.) |
| (₹ Crore) |
| Item/Year | April-June 2024 | July-September 2024 | October-December 2024 | January-March 2025 |
| Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
| 1 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 |
| A. Current account | | | | | | | | | | | | |
| 1. Merchandise | 960781 | 1459598 | -498817 | 843069 | 1584657 | -741588 | 927514 | 1597355 | -669841 | 1009071 | 1523044 | -513973 |
| 2. Invisibles (a+b+c) | 1091535 | 630128 | 461406 | 1215892 | 649061 | 566832 | 1283026 | 708950 | 574077 | 1288030 | 655988 | 632042 |
| a) Services | 739414 | 406971 | 332443 | 782427 | 409991 | 372436 | 874055 | 441535 | 432520 | 884079 | 422095 | 461984 |
| i) Travel | 61335 | 76511 | -15177 | 63958 | 78464 | -14506 | 85035 | 70697 | 14338 | 78826 | 68754 | 10072 |
| ii) Transportation | 72209 | 71816 | 393 | 72610 | 76965 | -4355 | 69916 | 74723 | -4807 | 70683 | 72660 | -1977 |
| iii) Insurance | 7697 | 4950 | 2747 | 7417 | 6581 | 836 | 7347 | 7553 | -206 | 7682 | 6603 | 1078 |
| iv) G.n.i.e. | 1346 | 2575 | -1229 | 1228 | 2643 | -1415 | 1413 | 2590 | -1177 | 1432 | 2860 | -1429 |
| v) Miscellaneous | 596827 | 251118 | 345708 | 637214 | 245338 | 391875 | 710344 | 285972 | 424372 | 725457 | 271217 | 454240 |
| of which | | | | | | | | | | | | |
| Software services | 349760 | 37363 | 312397 | 369945 | 38026 | 331920 | 402186 | 55417 | 346769 | 406549 | 47084 | 359465 |
| Business services | 191873 | 138694 | 53178 | 210894 | 130244 | 80650 | 250030 | 154153 | 95877 | 255039 | 140555 | 114484 |
| Financial services | 18478 | 10572 | 7906 | 18349 | 10595 | 7754 | 17623 | 6256 | 11367 | 17232 | 6892 | 10339 |
| Communication services | 4331 | 3702 | 629 | 4345 | 4167 | 177 | 4896 | 5207 | -310 | 6333 | 4618 | 1715 |
| b) Transfers | 246264 | 26824 | 219440 | 295485 | 24079 | 271406 | 304738 | 24479 | 280259 | 300834 | 27848 | 272987 |
| i) Official | 153 | 2599 | -2446 | 232 | 2601 | -2369 | 753 | 2817 | -2064 | 273 | 3259 | -2986 |
| ii) Private | 246112 | 24225 | 221887 | 295252 | 21478 | 273775 | 303985 | 21662 | 282323 | 300561 | 24588 | 275973 |
| c) Income | 105857 | 196334 | -90477 | 137980 | 214990 | -77010 | 104233 | 242936 | -138702 | 103117 | 206046 | -102929 |
| i) Investment income | 88028 | 188176 | -100148 | 121268 | 206423 | -85155 | 85820 | 234105 | -148285 | 85554 | 197101 | -111547 |
| ii) Compensation of employees | 17829 | 8158 | 9670 | 16712 | 8568 | 8145 | 18413 | 8831 | 9582 | 17563 | 8945 | 8618 |
| Total current account (1+2) | 2052315 | 2089726 | -37411 | 2058962 | 2233718 | -174756 | 2210541 | 2306305 | -95764 | 2297101 | 2179032 | 118069 |
| B. Capital account | | | | | | | | | | | | |
| 1. Foreign investment (a+b) | 1533057 | 1473256 | 59801 | 1702512 | 1559865 | 142647 | 1622029 | 1741812 | -119783 | 1251821 | 1299413 | -47592 |
| a) Foreign direct investment (i+ii) | 199586 | 147666 | 51920 | 177057 | 200687 | -23630 | 174285 | 198020 | -23735 | 160253 | 157078 | 3175 |
| i) In India | 190016 | 101538 | 88478 | 172466 | 130862 | 41604 | 166573 | 136974 | 29599 | 151875 | 64767 | 87108 |
| Equity | 136827 | 97382 | 39445 | 115979 | 125784 | -9805 | 94051 | 132068 | -38017 | 83277 | 62383 | 20894 |
| Reinvested earnings | 43588 | - | 43588 | 45525 | - | 45525 | 50117 | - | 50117 | 53422 | - | 53422 |
| Other capital | 9600 | 4156 | 5444 | 10961 | 5078 | 5884 | 22405 | 4905 | 17500 | 15176 | 2384 | 12792 |
| ii) Abroad | 9570 | 46128 | -36558 | 4591 | 69825 | -65234 | 7712 | 61046 | -53334 | 8378 | 92311 | -83933 |
| Equity | 9570 | 22755 | -13184 | 4591 | 38393 | -33802 | 7712 | 27980 | -20268 | 8378 | 54774 | -46396 |
| Reinvested earnings | - | 14278 | -14278 | - | 14337 | -14337 | - | 14456 | -14456 | - | 14831 | -14831 |
| Other capital | - | 9095 | -9095 | - | 17095 | -17095 | - | 18610 | -18610 | - | 22706 | -22706 |
| b) Portfolio investment | 1333471 | 1325590 | 7881 | 1525455 | 1359178 | 166277 | 1447744 | 1543792 | -96048 | 1091568 | 1142335 | -50767 |
| i) In India | 1328434 | 1320949 | 7485 | 1519799 | 1353816 | 165984 | 1441453 | 1538030 | -96577 | 1082489 | 1134435 | -51945 |
| FIIs | 1328434 | 1320949 | 7485 | 1519799 | 1353816 | 165984 | 1441453 | 1538030 | -96577 | 1082489 | 1134435 | -51945 |
| of which: | | | | | | | | | | | | |
| Equity | 1166461 | 1174878 | -8416 | 1342550 | 1253064 | 89486 | 1223076 | 1323243 | -100167 | 881113 | 998454 | -117341 |
| Debt | 161973 | 146071 | 15901 | 177250 | 100752 | 76498 | 218376 | 214787 | 3590 | 201376 | 135981 | 65395 |
| GDRs/ADRs | - | - | - | - | - | - | - | - | - | - | - | - |
| ii) Abroad | 5037 | 4641 | 396 | 5656 | 5363 | 293 | 6291 | 5762 | 529 | 9079 | 7900 | 1178 |
| 2. Loans (a+b+c) | 265444 | 222565 | 42880 | 342239 | 262961 | 79279 | 364145 | 287604 | 76541 | 487167 | 438140 | 49027 |
| a) External assistance | 30365 | 18913 | 11451 | 31210 | 13212 | 17997 | 24961 | 19334 | 5626 | 32166 | 14220 | 17945 |
| i) By India | 52 | 217 | -166 | 52 | 217 | -166 | 52 | 217 | -166 | 52 | 217 | -166 |
| ii) To India | 30313 | 18696 | 11617 | 31158 | 12995 | 18163 | 24909 | 19117 | 5792 | 32114 | 14003 | 18111 |
| b) Commercial borrowings (MT<) | 105370 | 92525 | 12845 | 146429 | 129714 | 16715 | 176574 | 139548 | 37025 | 337517 | 268255 | 69262 |
| i) By India | 34517 | 35497 | -980 | 42379 | 67249 | -24870 | 81258 | 81026 | 232 | 200522 | 196420 | 4102 |
| ii) To India | 70853 | 57028 | 13825 | 104050 | 62465 | 41585 | 95315 | 58522 | 36793 | 136995 | 71835 | 65160 |
| c) Short term Credit to India | 129710 | 111126 | 18583 | 164601 | 120034 | 44566 | 162611 | 128721 | 33889 | 117484 | 155665 | -38180 |
| i) Suppliers’ Credit & Buyers’ Credit >180 days | 114529 | 111126 | 3402 | 126546 | 120034 | 6511 | 120442 | 128721 | -8280 | 117484 | 140424 | -22940 |
| ii) Suppliers’ credit up to 180 days | 15181 | - | 15181 | 38055 | - | 38055 | 42169 | - | 42169 | - | 15240 | -15240 |
| 3. Banking capital (a+b) | 303498 | 279556 | 23942 | 439202 | 388217 | 50985 | 333936 | 416483 | -82547 | 290917 | 368705 | -77788 |
| a) Commercial banks | 302487 | 279556 | 22931 | 436527 | 388217 | 48311 | 333872 | 416438 | -82566 | 290917 | 366806 | -75889 |
| i) Assets | 89303 | 113205 | -23902 | 147657 | 157925 | -10268 | 100112 | 218949 | -118837 | 56203 | 152962 | -96758 |
| ii) Liabilities | 213184 | 166351 | 46833 | 288870 | 230292 | 58579 | 233760 | 197489 | 36271 | 234713 | 213844 | 20870 |
| of which: Non-Resident Deposits | 195426 | 161851 | 33575 | 242259 | 190597 | 51662 | 218851 | 192322 | 26530 | 227792 | 203268 | 24524 |
| b) Others | 1011 | - | 1011 | 2675 | - | 2675 | 64 | 45 | 19 | 0 | 1899 | -1899 |
| 4. Rupee debt service | - | 508 | -508 | - | 15 | -15 | - | - | - | - | 62 | -62 |
| 5. Other capital | 90524 | 142078 | -51554 | 174656 | 113120 | 61536 | 65518 | 164562 | -99045 | 187474 | 159731 | 27743 |
| Total capital account (1 to 5) | 2192523 | 2117963 | 74561 | 2658609 | 2324178 | 334431 | 2385627 | 2610461 | -224834 | 2217379 | 2266052 | -48673 |
| C. Errors & omissions | 6447 | - | 6447 | - | 3756 | -3756 | 2518 | - | 2518 | 6759 | - | 6759 |
| D. Overall balance (A+B+C) | 4251286 | 4207689 | 43597 | 4717571 | 4561652 | 155919 | 4598686 | 4916766 | -318081 | 4521240 | 4445084 | 76155 |
| E. Monetary movements (i+ii) | - | 43597 | -43597 | - | 155919 | -155919 | 318081 | - | 318081 | - | 76155 | -76155 |
| i) I.M.F. | - | - | - | - | - | - | - | - | - | - | - | - |
| ii) Foreign exchange reserves (Increase - / Decrease +) | - | 43597 | -43597 | - | 155919 | -155919 | 318081 | - | 318081 | - | 76155 | -76155 |
| of which: SDR Allocation | - | - | - | - | - | - | - | - | - | - | - | - |
| (Continued) |
| TABLE 196 : INDIA’S OVERALL BALANCE OF PAYMENTS - QUARTERLY - RUPEES (Concld.) |
| (₹ Crore) |
| Item/Year | April-June 2025 | July-September 2025 | October-December 2025 | January-March 2026 |
| Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
| 1 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 |
| A. Current account | | | | | | | | | | | | |
| 1. Merchandise | 964010 | 1553344 | -589335 | 951782 | 1729777 | -777994 | 992090 | 1846399 | -854309 | 1034374 | 1797201 | -762827 |
| 2. Invisibles (a+b+c) | 1229373 | 664809 | 564564 | 1374145 | 718418 | 655727 | 1454087 | 738042 | 716044 | 1530369 | 703091 | 827278 |
| a) Services | 833361 | 423560 | 409801 | 887200 | 443000 | 444199 | 991020 | 478754 | 512266 | 1015470 | 463631 | 551839 |
| i) Travel | 50087 | 77720 | -27633 | 59486 | 82579 | -23093 | 88432 | 80662 | 7771 | 84934 | 74739 | 10195 |
| ii) Transportation | 65813 | 71818 | -6005 | 67703 | 76194 | -8491 | 73642 | 75571 | -1929 | 74757 | 73174 | 1583 |
| iii) Insurance | 7907 | 5245 | 2662 | 8399 | 6323 | 2076 | 7894 | 7415 | 479 | 8577 | 4712 | 3865 |
| iv) G.n.i.e. | 1148 | 2761 | -1612 | 1348 | 2675 | -1326 | 1477 | 2989 | -1512 | 1573 | 2896 | -1323 |
| v) Miscellaneous | 708405 | 266016 | 442389 | 750263 | 275229 | 475034 | 819575 | 312117 | 507458 | 845629 | 308110 | 537519 |
| of which | | | | | | | | | | | | |
| Software services | 404862 | 50070 | 354792 | 432424 | 49247 | 383177 | 476760 | 57362 | 419398 | 487564 | 57022 | 430541 |
| Business services | 252469 | 135754 | 116715 | 257337 | 140839 | 116498 | 286231 | 171639 | 114591 | 302415 | 167558 | 134857 |
| Financial services | 16636 | 6012 | 10624 | 15855 | 5374 | 10482 | 17241 | 7793 | 9448 | 16970 | 7521 | 9449 |
| Communication services | 4305 | 3251 | 1053 | 6394 | 4787 | 1607 | 6292 | 5468 | 824 | 4801 | 4799 | 1 |
| b) Transfers | 291287 | 27225 | 264062 | 340897 | 24040 | 316858 | 338167 | 25135 | 313032 | 404778 | 27772 | 377006 |
| i) Official | 172 | 3171 | -2999 | 304 | 3277 | -2973 | 932 | 3061 | -2129 | 269 | 3455 | -3186 |
| ii) Private | 291114 | 24053 | 267061 | 340593 | 20762 | 319831 | 337235 | 22074 | 315160 | 404509 | 24317 | 380192 |
| c) Income | 104725 | 214024 | -109300 | 146047 | 251378 | -105330 | 124899 | 234153 | -109254 | 110121 | 211688 | -101567 |
| i) Investment income | 86503 | 205239 | -118737 | 127196 | 241679 | -114483 | 104826 | 223941 | -119115 | 91229 | 201074 | -109844 |
| ii) Compensation of employees | 18222 | 8785 | 9437 | 18851 | 9698 | 9153 | 20074 | 10212 | 9861 | 18891 | 10614 | 8278 |
| Total current account (1+2) | 2193382 | 2218153 | -24771 | 2325927 | 2448194 | -122268 | 2446177 | 2584441 | -138265 | 2564742 | 2500291 | 64451 |
| B. Capital account | | | | | | | | | | | | |
| 1. Foreign investment (a+b) | 1485768 | 1431262 | 54506 | 1409389 | 1445294 | -35905 | 1855476 | 1889663 | -34187 | 1359701 | 1431369 | -71668 |
| a) Foreign direct investment (i+ii) | 233813 | 193066 | 40747 | 225525 | 211249 | 14276 | 202019 | 234627 | -32607 | 205683 | 167201 | 38481 |
| i) In India | 228552 | 109519 | 119032 | 218670 | 120904 | 97766 | 196206 | 159782 | 36423 | 192549 | 86547 | 106002 |
| Equity | 166134 | 103325 | 62809 | 151536 | 115832 | 35704 | 121171 | 153925 | -32754 | 108900 | 78355 | 30545 |
| Reinvested earnings | 50541 | - | 50541 | 52304 | - | 52304 | 60094 | - | 60094 | 64093 | - | 64093 |
| Other capital | 11876 | 6194 | 5682 | 14830 | 5072 | 9758 | 14940 | 5857 | 9083 | 19556 | 8192 | 11364 |
| ii) Abroad | 5262 | 83547 | -78285 | 6855 | 90345 | -83490 | 5814 | 74844 | -69031 | 13134 | 80654 | -67521 |
| Equity | 5262 | 42160 | -36899 | 6855 | 56226 | -49371 | 5814 | 43645 | -37831 | 13134 | 44957 | -31824 |
| Reinvested earnings | - | 16693 | -16693 | - | 17038 | -17038 | - | 17388 | -17388 | - | 17841 | -17841 |
| Other capital | - | 24693 | -24693 | - | 17081 | -17081 | - | 13811 | -13811 | - | 17856 | -17856 |
| b) Portfolio investment | 1251954 | 1238196 | 13759 | 1183864 | 1234045 | -50181 | 1653457 | 1655037 | -1580 | 1154019 | 1264168 | -110149 |
| i) In India | 1242216 | 1220994 | 21223 | 1176935 | 1224684 | -47749 | 1641292 | 1642046 | -754 | 1139038 | 1249864 | -110826 |
| FIIs | 1242216 | 1220994 | 21223 | 1176935 | 1224684 | -47749 | 1641292 | 1642046 | -754 | 1139038 | 1249864 | -110826 |
| of which: | | | | | | | | | | | | |
| Equity | 1057724 | 1011603 | 46121 | 991031 | 1070898 | -79866 | 1404393 | 1415426 | -11033 | 995379 | 1120138 | -124759 |
| Debt | 184493 | 209391 | -24898 | 185903 | 153786 | 32117 | 236899 | 226620 | 10279 | 143659 | 129726 | 13933 |
| GDRs/ADRs | - | - | - | - | - | - | - | - | - | - | - | - |
| ii) Abroad | 9738 | 17202 | -7464 | 6929 | 9361 | -2432 | 12165 | 12990 | -825 | 14981 | 14304 | 677 |
| 2. Loans (a+b+c) | 559556 | 508706 | 50849 | 1469644 | 1424877 | 44766 | 1904788 | 1764539 | 140249 | 2374552 | 2368975 | 5577 |
| a) External assistance | 26690 | 20505 | 6185 | 19050 | 14796 | 4254 | 26994 | 28775 | -1781 | 29933 | 15749 | 14184 |
| i) By India | 52 | 86 | -34 | 52 | 86 | -34 | 52 | 86 | -34 | 52 | 86 | -34 |
| ii) To India | 26638 | 20419 | 6219 | 18998 | 14710 | 4288 | 26942 | 28689 | -1747 | 29882 | 15663 | 14218 |
| b) Commercial borrowings (MT<) | 400667 | 355249 | 45418 | 1287473 | 1281732 | 5741 | 1643241 | 1619613 | 23628 | 2207482 | 2184662 | 22820 |
| i) By India | 308187 | 300735 | 7452 | 1226344 | 1240743 | -14399 | 1573392 | 1584033 | -10641 | 2115997 | 2125854 | -9857 |
| ii) To India | 92479 | 54514 | 37966 | 61129 | 40989 | 20140 | 69849 | 35579 | 34269 | 91486 | 58808 | 32678 |
| c) Short term Credit to India | 132199 | 132953 | -754 | 163121 | 128350 | 34772 | 234554 | 116152 | 118402 | 137137 | 168564 | -31427 |
| i) Suppliers’ Credit & Buyers’ Credit >180 days | 132199 | 117110 | 15089 | 138232 | 128350 | 9882 | 179169 | 116152 | 63017 | 137137 | 151348 | -14212 |
| ii) Suppliers’ credit up to 180 days | - | 15843 | -15843 | 24889 | - | 24889 | 55385 | - | 55385 | - | 17216 | -17216 |
| 3. Banking capital (a+b) | 287747 | 301047 | -13300 | 299155 | 282647 | 16508 | 319243 | 313076 | 6167 | 437493 | 388127 | 49366 |
| a) Commercial banks | 287664 | 301047 | -13384 | 299155 | 282190 | 16965 | 319243 | 312027 | 7215 | 432358 | 388127 | 44232 |
| i) Assets | 73395 | 111925 | -38530 | 93424 | 69730 | 23694 | 54736 | 118561 | -63825 | 153550 | 144372 | 9178 |
| ii) Liabilities | 214268 | 189122 | 25147 | 205730 | 212460 | -6729 | 264506 | 193466 | 71041 | 278809 | 243755 | 35054 |
| of which: Non-Resident Deposits | 203422 | 172503 | 30920 | 203712 | 182285 | 21427 | 231079 | 186041 | 45038 | 263239 | 233154 | 30084 |
| b) Others | 84 | 0 | 84 | 0 | 457 | -457 | 0 | 1048 | -1048 | 5134 | - | 5134 |
| 4. Rupee debt service | - | 524 | -524 | - | 13 | -13 | - | - | - | - | 69 | -69 |
| 5. Other capital | 143007 | 160665 | -17658 | 98186 | 105274 | -7088 | 38206 | 219080 | -180874 | 197728 | 191132 | 6596 |
| Total capital account (1 to 5) | 2476077 | 2402204 | 73873 | 3276374 | 3258106 | 18268 | 4117712 | 4186358 | -68645 | 4369474 | 4379672 | -10198 |
| C. Errors & omissions | - | 10540 | -10540 | 8674 | - | 8674 | - | 10599 | -10599 | 11754 | - | 11754 |
| D. Overall balance (A+B+C) | 4669460 | 4630897 | 38563 | 5610974 | 5706300 | -95326 | 6563889 | 6781398 | -217509 | 6945971 | 6879963 | 66007 |
| E. Monetary movements (i+ii) | - | 38563 | -38563 | 95326 | - | 95326 | 217509 | - | 217509 | - | 66007 | -66007 |
| i) I.M.F. | - | - | - | - | - | - | - | - | - | - | - | - |
| ii) Foreign exchange reserves (Increase - / Decrease +) | - | 38563 | -38563 | 95326 | - | 95326 | 217509 | - | 217509 | - | 66007 | -66007 |
| of which: SDR Allocation | - | - | - | - | - | - | - | - | - | - | - | - |
Notes : 1. G.n.i.e.: Government not included elsewhere.
2. Data for 2025-26 are preliminary estimates.
3. Totals may not tally due to rounding off.
Also see Notes on Tables.
Source : Reserve Bank of India. |