| (US $ Million) | | Item | Oct-Dec 2017 (PR) | Oct-Dec 2018 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | Overall Balance of Payments(1+2+3) | 320,203 | 310,768 | 9,434 | 286,966 | 291,262 | –4,296 | | 1 CURRENT ACCOUNT (1.1+ 1.2) | 150,254 | 163,970 | –13,716 | 164,437 | 181,351 | –16,914 | | 1.1 MERCHANDISE | 77,541 | 121,564 | –44,022 | 83,082 | 132,573 | –49,491 | | 1.2 INVISIBLES (1.2.1+1.2.2+1.2.3) | 72,712 | 42,406 | 30,306 | 81,355 | 48,778 | 32,577 | | 1.2.1 Services | 50,179 | 29,467 | 20,712 | 55,250 | 33,951 | 21,299 | | 1.2.1.1 Travel | 7,441 | 4,606 | 2,836 | 7,372 | 4,863 | 2,510 | | 1.2.1.2 Transportation | 4,388 | 4,419 | –31 | 4,807 | 5,231 | –424 | | 1.2.1.3 Insurance | 611 | 435 | 176 | 689 | 419 | 271 | | 1.2.1.4 G.n.i.e. | 203 | 193 | 11 | 144 | 289 | –145 | | 1.2.1.5 Miscellaneous | 37,536 | 19,815 | 17,721 | 42,237 | 23,149 | 19,088 | | 1.2.1.5.1 Software Services | 19,532 | 1,333 | 18,199 | 21,103 | 1,254 | 19,849 | | 1.2.1.5.2 Business Services | 9,859 | 9,360 | 499 | 9,978 | 10,131 | –152 | | 1.2.1.5.3 Financial Services | 983 | 1,574 | –591 | 1,324 | 992 | 332 | | 1.2.1.5.4 Communication Services | 414 | 239 | 175 | 673 | 284 | 390 | | 1.2.2 Transfers | 17,685 | 1,623 | 16,062 | 18,795 | 1,552 | 17,243 | | 1.2.2.1 Official | 96 | 202 | –105 | 102 | 237 | –134 | | 1.2.2.2 Private | 17,589 | 1,422 | 16,167 | 18,693 | 1,316 | 17,377 | | 1.2.3 Income | 4,848 | 11,316 | –6,468 | 7,310 | 13,274 | –5,964 | | 1.2.3.1 Investment Income | 3,693 | 10,745 | –7,052 | 5,946 | 12,683 | –6,736 | | 1.2.3.2 Compensation of Employees | 1,155 | 572 | 584 | 1,363 | 591 | 772 | | 2 CAPITAL ACCOUNT (2.1+2.2+2.3+2.4+2.5) | 169,329 | 146,799 | 22,530 | 122,529 | 108,922 | 13,608 | | 2.1 Foreign Investment (2.1.1+2.1.2) | 93,973 | 84,329 | 9,645 | 73,262 | 67,850 | 5,412 | | 2.1.1 Foreign Direct Investment | 15,270 | 10,947 | 4,323 | 16,155 | 8,633 | 7,523 | | 2.1.1.1 In India | 14,301 | 8,315 | 5,985 | 15,530 | 5,139 | 10,391 | | 2.1.1.1.1 Equity | 10,755 | 8,287 | 2,468 | 11,005 | 5,101 | 5,904 | | 2.1.1.1.2 Reinvested Earnings | 3,182 | – | 3,182 | 3,504 | – | 3,504 | | 2.1.1.1.3 Other Capital | 364 | 29 | 335 | 1,022 | 38 | 984 | | 2.1.1.2 Abroad | 969 | 2,631 | –1,662 | 625 | 3,494 | –2,869 | | 2.1.1.2.1 Equity | 969 | 1,190 | –221 | 625 | 1,719 | –1,094 | | 2.1.1.2.2 Reinvested Earnings | 0 | 713 | –713 | – | 753 | –753 | | 2.1.1.2.3 Other Capital | 0 | 728 | –728 | 0 | 1,021 | –1,021 | | 2.1.2 Portfolio Investment | 78,703 | 73,382 | 5,322 | 57,107 | 59,218 | –2,111 | | 2.1.2.1 In India | 78,576 | 73,145 | 5,430 | 56,733 | 58,921 | –2,188 | | 2.1.2.1.1 FIIs | 78,576 | 73,145 | 5,430 | 56,733 | 58,921 | –2,188 | | 2.1.2.1.1.1 Equity | 63,467 | 61,246 | 2,221 | 45,530 | 47,949 | –2,419 | | 2.1.2.1.1.2 Debt | 15,109 | 11,900 | 3,209 | 11,203 | 10,972 | 231 | | 2.1.2.1.2 ADR/GDRs | 0 | 0 | 0 | 0 | 0 | 0 | | 2.1.2.2 Abroad | 127 | 236 | –109 | 374 | 297 | 77 | | 2.2 Loans (2.2.1+2.2.2+2.2.3) | 38,158 | 32,247 | 5,911 | 20,355 | 17,463 | 2,892 | | 2.2.1 External Assistance | 1,947 | 1,201 | 746 | 2,960 | 1,278 | 1,682 | | 2.2.1.1 By India | 14 | 31 | –17 | 11 | 29 | –18 | | 2.2.1.2 To India | 1,934 | 1,170 | 764 | 2,949 | 1,249 | 1,700 | | 2.2.2 Commercial Borrowings | 10,761 | 10,378 | 383 | 10,331 | 8,375 | 1,955 | | 2.2.2.1 By India | 2,755 | 2,623 | 132 | 3,337 | 3,346 | –9 | | 2.2.2.2 To India | 8,006 | 7,755 | 251 | 6,993 | 5,029 | 1,964 | | 2.2.3 Short Term to India | 25,449 | 20,667 | 4,782 | 7,064 | 7,809 | –745 | | 2.2.3.1 Buyers' credit & Suppliers' Credit >180 days | 24,456 | 20,667 | 3,789 | 4,433 | 7,809 | –3,377 | | 2.2.3.2 Suppliers' Credit up to 180 days | 993 | 0 | 993 | 2,631 | 0 | 2,631 | | 2.3 Banking Capital (2.3.1+2.3.2) | 25,355 | 20,775 | 4,580 | 21,193 | 16,279 | 4,913 | | 2.3.1 Commercial Banks | 25,107 | 20,775 | 4,332 | 21,193 | 16,095 | 5,098 | | 2.3.1.1 Assets | 8,245 | 8,721 | –475 | 5,964 | 1,763 | 4,202 | | 2.3.1.2 Liabilities | 16,861 | 12,054 | 4,807 | 15,228 | 14,332 | 896 | | 2.3.1.2.1 Non-Resident Deposits | 14,489 | 11,398 | 3,091 | 13,298 | 13,159 | 139 | | 2.3.2 Others | 248 | 0 | 248 | 0 | 185 | –185 | | 2.4 Rupee Debt Service | – | 0 | 0 | 0 | 0 | 0 | | 2.5 Other Capital | 11,843 | 9,449 | 2,394 | 7,720 | 7,329 | 391 | | 3 Errors & Omissions | 621 | – | 621 | – | 989 | –989 | | 4 Monetary Movements (4.1+ 4.2) | 0 | 9,434 | –9,434 | 4,296 | 0 | 4,296 | | 4.1 I.M.F. | 0 | 0 | 0 | – | – | – | | 4.2 Foreign Exchange Reserves (Increase - / Decrease +) | 0 | 9,434 | –9,434 | 4,296 | 0 | 4,296 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |