| (₹ Billion) | | Item | Oct-Dec 2013 (PR) | Oct-Dec 2014 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | Overall Balance of Payments (1+2+3) | 16,567 | 15,382 | 1,185 | 16,220 | 15,403 | 816 | | 1 CURRENT ACCOUNT (1.1+ 1.2) | 8,567 | 8,821 | –254 | 8,616 | 9,136 | –520 | | 1.1 MERCHANDISE | 4,951 | 7,009 | –2,057 | 4,893 | 7,323 | –2,431 | | 1.2 INVISIBLES (1.2.1+1.2.2+1.2.3) | 3,615 | 1,812 | 1,803 | 3,723 | 1,812 | 1,911 | | 1.2.1 Services | 2,336 | 1,211 | 1,124 | 2,455 | 1,199 | 1,256 | | 1.2.1.1 Travel | 316 | 171 | 145 | 338 | 228 | 111 | | 1.2.1.2 Transportation | 255 | 212 | 43 | 288 | 255 | 33 | | 1.2.1.3 Insurance | 30 | 18 | 12 | 35 | 19 | 16 | | 1.2.1.4 G.n.i.e. | 6 | 11 | –4 | 10 | 14 | –4 | | 1.2.1.5 Miscellaneous | 1,728 | 800 | 928 | 1,784 | 682 | 1,101 | | 1.2.1.5.1 Software Services | 1,084 | 41 | 1,044 | 1,158 | 53 | 1,105 | | 1.2.1.5.2 Business Services | 428 | 417 | 12 | 446 | 438 | 9 | | 1.2.1.5.3 Financial Services | 106 | 79 | 27 | 83 | 46 | 37 | | 1.2.1.5.4 Communication Services | 32 | 14 | 18 | 33 | 14 | 20 | | 1.2.2 Transfers | 1,095 | 79 | 1,016 | 1,086 | 71 | 1,015 | | 1.2.2.1 Official | 25 | 14 | 11 | 8 | 16 | –8 | | 1.2.2.2 Private | 1,070 | 65 | 1,006 | 1,078 | 55 | 1,024 | | 1.2.3 Income | 184 | 522 | –338 | 182 | 543 | –361 | | 1.2.3.1 Investment Income | 133 | 482 | –348 | 124 | 504 | –380 | | 1.2.3.2 Compensation of Employees | 51 | 41 | 10 | 57 | 38 | 19 | | 2 CAPITAL ACCOUNT (2.1+2.2+2.3+2.4+2.5) | 8,001 | 6,525 | 1,476 | 7,604 | 6,158 | 1,446 | | 2.1 Foreign Investment (2.1.1+2.1.2) | 3,386 | 2,861 | 525 | 4,161 | 3,316 | 845 | | 2.1.1 Foreign Direct Investment | 601 | 225 | 376 | 718 | 263 | 456 | | 2.1.1.1 In India | 446 | 88 | 359 | 607 | 133 | 473 | | 2.1.1.1.1 Equity | 262 | 82 | 180 | 408 | 129 | 279 | | 2.1.1.1.2 Reinvested Earnings | 147 | – | 147 | 147 | – | 147 | | 2.1.1.1.3 Other Capital | 37 | 5 | 31 | 51 | 4 | 47 | | 2.1.1.2 Abroad | 155 | 137 | 18 | 111 | 129 | –18 | | 2.1.1.2.1 Equity | 155 | 80 | 75 | 111 | 73 | 38 | | 2.1.1.2.2 Reinvested Earnings | – | 18 | –18 | – | 16 | –16 | | 2.1.1.2.3 Other Capital | – | 39 | –39 | – | 40 | –40 | | 2.1.2 Portfolio Investment | 2,785 | 2,636 | 148 | 3,442 | 3,053 | 389 | | 2.1.2.1 In India | 2,779 | 2,621 | 157 | 3,428 | 3,047 | 381 | | 2.1.2.1.1 FIIs | 2,779 | 2,621 | 157 | 3,428 | 3,047 | 381 | | 2.1.2.1.1.1 Equity | 2,251 | 1,865 | 386 | 2,538 | 2,522 | 15 | | 2.1.2.1.1.2 Debt | 527 | 756 | –229 | 891 | 525 | 366 | | 2.1.2.1.2 ADR/GDRs | – | – | – | – | – | – | | 2.1.2.2 Abroad | 6 | 15 | –9 | 14 | 6 | 8 | | 2.2 Loans (2.2.1+2.2.2+2.2.3) | 1,951 | 1,764 | 187 | 1,762 | 1,721 | 41 | | 2.2.1 External Assistance | 65 | 67 | –2 | 86 | 70 | 16 | | 2.2.1.1 By India | 1 | 4 | –3 | 1 | 8 | –7 | | 2.2.1.2 To India | 64 | 63 | 1 | 85 | 62 | 23 | | 2.2.2 Commercial Borrowings | 469 | 207 | 261 | 588 | 479 | 109 | | 2.2.2.1 By India | 15 | 6 | 9 | 25 | 2 | 23 | | 2.2.2.2 To India | 454 | 202 | 252 | 563 | 477 | 86 | | 2.2.3 Short Term to India | 1,418 | 1,490 | –72 | 1,088 | 1,172 | –84 | | 2.2.3.1 Suppliers' Credit > 180 days & Buyers' Credit | 1,418 | 1,443 | –25 | 1,042 | 1,172 | –130 | | 2.2.3.2 Suppliers' Credit up to 180 days | – | 47 | –47 | 46 | – | 46 | | 2.3 Banking Capital (2.3.1+2.3.2) | 2,376 | 1,398 | 978 | 1,465 | 814 | 650 | | 2.3.1 Commercial Banks | 2,364 | 1,398 | 966 | 1,445 | 814 | 631 | | 2.3.1.1 Assets | 198 | 485 | –287 | 404 | 28 | 377 | | 2.3.1.2 Liabilities | 2,166 | 913 | 1,253 | 1,041 | 787 | 254 | | 2.3.1.2.1 Non-Resident Deposits | 2,049 | 718 | 1,331 | 898 | 676 | 222 | | 2.3.2 Others | 12 | – | 12 | 20 | – | 20 | | 2.4 Rupee Debt Service | – | – | – | – | – | – | | 2.5 Other Capital | 288 | 501 | –213 | 216 | 306 | –90 | | 3 Errors & Omissions | – | 36 | –36 | – | 110 | –110 | | 4 Monetary Movements (4.1+ 4.2) | – | 1,185 | –1,185 | – | 816 | –816 | | 4.1 I.M.F. | – | – | – | – | – | – | | 4.2 Foreign Exchange Reserves (Increase - / Decrease +) | – | 1,185 | –1,185 | – | 816 | –816 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |