| (US $ Million) | | Item | Jan-Mar 2015 (PR) | Jan-Mar 2016 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | Overall Balance of Payments(1+2+3) | 284,463 | 254,314 | 30,149 | 252,123 | 248,848 | 3,274 | | 1 CURRENT ACCOUNT (1.1+ 1.2) | 134,244 | 134,951 | –707 | 124,652 | 124,990 | –338 | | 1.1 MERCHANDISE | 71,818 | 103,379 | –31,560 | 65,831 | 90,586 | –24,755 | | 1.2 INVISIBLES (1.2.1+1.2.2+1.2.3) | 62,426 | 31,573 | 30,854 | 58,821 | 34,404 | 24,417 | | 1.2.1 Services | 41,380 | 21,344 | 20,036 | 39,413 | 23,336 | 16,077 | | 1.2.1.1 Travel | 5,648 | 3,626 | 2,023 | 5,904 | 3,580 | 2,324 | | 1.2.1.2 Transportation | 3,865 | 4,011 | –145 | 3,550 | 3,666 | –115 | | 1.2.1.3 Insurance | 503 | 239 | 263 | 520 | 249 | 271 | | 1.2.1.4 G.n.i.e. | 115 | 237 | –122 | 133 | 230 | –97 | | 1.2.1.5 Miscellaneous | 31,248 | 13,231 | 18,017 | 29,306 | 15,611 | 13,695 | | 1.2.1.5.1 Software Services | 17,995 | 613 | 17,382 | 18,064 | 736 | 17,328 | | 1.2.1.5.2 Business Services | 7,072 | 7,379 | –307 | 7,291 | 8,664 | –1,373 | | 1.2.1.5.3 Financial Services | 1,383 | 577 | 805 | 983 | 596 | 387 | | 1.2.1.5.4 Communication Services | 518 | 184 | 334 | 601 | 344 | 257 | | 1.2.2 Transfers | 17,534 | 1,110 | 16,425 | 15,729 | 768 | 14,961 | | 1.2.2.1 Official | 44 | 219 | –175 | 41 | 225 | –185 | | 1.2.2.2 Private | 17,490 | 891 | 16,600 | 15,689 | 542 | 15,146 | | 1.2.3 Income | 3,512 | 9,119 | –5,607 | 3,679 | 10,300 | –6,621 | | 1.2.3.1 Investment Income | 2,593 | 8,444 | –5,851 | 2,839 | 9,749 | –6,910 | | 1.2.3.2 Compensation of Employees | 919 | 675 | 245 | 839 | 551 | 288 | | 2 CAPITAL ACCOUNT (2.1+2.2+2.3+2.4+2.5) | 149,447 | 119,363 | 30,085 | 127,313 | 123,858 | 3,455 | | 2.1 Foreign Investment (2.1.1+2.1.2) | 84,592 | 61,599 | 22,993 | 66,942 | 59,683 | 7,259 | | 2.1.1 Foreign Direct Investment | 15,850 | 6,580 | 9,271 | 16,114 | 7,318 | 8,797 | | 2.1.1.1 In India | 14,134 | 3,646 | 10,487 | 14,752 | 3,367 | 11,384 | | 2.1.1.1.1 Equity | 10,153 | 3,574 | 6,579 | 10,895 | 3,343 | 7,553 | | 2.1.1.1.2 Reinvested Earnings | 2,735 | – | 2,735 | 3,098 | – | 3,098 | | 2.1.1.1.3 Other Capital | 1,246 | 72 | 1,174 | 758 | 25 | 733 | | 2.1.1.2 Abroad | 1,717 | 2,933 | –1,217 | 1,363 | 3,950 | –2,588 | | 2.1.1.2.1 Equity | 1,717 | 1,195 | 522 | 1,363 | 2,367 | –1,004 | | 2.1.1.2.2 Reinvested Earnings | – | 834 | –834 | – | 834 | –834 | | 2.1.1.2.3 Other Capital | – | 904 | –904 | – | 749 | –749 | | 2.1.2 Portfolio Investment | 68,741 | 55,019 | 13,723 | 50,828 | 52,366 | –1,538 | | 2.1.2.1 In India | 68,543 | 54,837 | 13,706 | 50,540 | 51,327 | –787 | | 2.1.2.1.1 FIIs | 67,272 | 54,837 | 12,436 | 50,540 | 51,327 | –787 | | 2.1.2.1.1.1 Equity | 53,992 | 48,344 | 5,648 | 40,988 | 40,805 | 183 | | 2.1.2.1.1.2 Debt | 13,280 | 6,493 | 6,788 | 9,552 | 10,522 | –970 | | 2.1.2.1.2 ADR/GDRs | 1,271 | – | 1,271 | – | – | – | | 2.1.2.2 Abroad | 198 | 182 | 16 | 288 | 1,038 | –751 | | 2.2 Loans (2.2.1+2.2.2+2.2.3) | 34,399 | 30,109 | 4,290 | 32,714 | 31,444 | 1,270 | | 2.2.1 External Assistance | 1,802 | 1,036 | 766 | 2,134 | 1,147 | 987 | | 2.2.1.1 By India | 15 | 97 | –82 | 15 | 126 | –111 | | 2.2.1.2 To India | 1,787 | 939 | 848 | 2,119 | 1,021 | 1,098 | | 2.2.2 Commercial Borrowings | 6,976 | 6,057 | 919 | 7,025 | 9,381 | –2,356 | | 2.2.2.1 By India | 388 | 51 | 337 | 1,926 | 1,646 | 280 | | 2.2.2.2 To India | 6,588 | 6,006 | 582 | 5,099 | 7,735 | –2,636 | | 2.2.3 Short Term to India | 25,621 | 23,016 | 2,605 | 23,556 | 20,917 | 2,639 | | 2.2.3.1 Suppliers' Credit > 180 days & Buyers' Credit | 25,621 | 22,406 | 3,215 | 22,505 | 20,917 | 1,588 | | 2.2.3.2 Suppliers' Credit up to 180 days | – | 610 | –610 | 1,051 | – | 1,051 | | 2.3 Banking Capital (2.3.1+2.3.2) | 22,999 | 21,340 | 1,659 | 18,939 | 27,941 | –9,002 | | 2.3.1 Commercial Banks | 21,810 | 21,340 | 470 | 18,904 | 27,941 | –9,036 | | 2.3.1.1 Assets | 146 | 6,752 | –6,606 | 3,001 | 12,954 | –9,952 | | 2.3.1.2 Liabilities | 21,665 | 14,588 | 7,077 | 15,903 | 14,987 | 916 | | 2.3.1.2.1 Non-Resident Deposits | 16,866 | 12,866 | 4,000 | 15,052 | 10,664 | 4,388 | | 2.3.2 Others | 1,189 | – | 1,189 | 34 | – | 34 | | 2.4 Rupee Debt Service | – | 23 | –23 | – | 22 | –22 | | 2.5 Other Capital | 7,457 | 6,292 | 1,165 | 8,718 | 4,767 | 3,951 | | 3 Errors & Omissions | 771 | – | 771 | 158 | – | 158 | | 4 Monetary Movements (4.1+ 4.2) | – | 30,149 | –30,149 | – | 3,274 | –3,274 | | 4.1 I.M.F. | – | – | – | – | – | – | | 4.2 Foreign Exchange Reserves (Increase - / Decrease +) | – | 30,149 | –30,149 | – | 3,274 | –3,274 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |