| (US $ Million) | | Item | Jan-Mar 2018 (PR) | Jan-Mar 2019 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | Overall Balance of Payments(1+2+3) | 329,455 | 316,218 | 13,237 | 324,141 | 309,979 | 14,162 | | 1 CURRENT ACCOUNT (1.1+ 1.2) | 156,683 | 169,750 | –13,066 | 165,160 | 169,807 | –4,647 | | 1.1 MERCHANDISE | 82,218 | 123,841 | –41,623 | 87,367 | 122,581 | –35,214 | | 1.2 INVISIBLES (1.2.1+1.2.2+1.2.3) | 74,466 | 45,909 | 28,557 | 77,792 | 47,226 | 30,567 | | 1.2.1 Services | 51,585 | 31,421 | 20,164 | 54,630 | 33,299 | 21,331 | | 1.2.1.1 Travel | 7,710 | 4,728 | 2,983 | 7,583 | 5,112 | 2,470 | | 1.2.1.2 Transportation | 4,688 | 4,941 | –253 | 5,154 | 5,436 | –282 | | 1.2.1.3 Insurance | 638 | 370 | 268 | 720 | 603 | 117 | | 1.2.1.4 G.n.i.e. | 179 | 305 | –126 | 156 | 285 | –129 | | 1.2.1.5 Miscellaneous | 38,370 | 21,076 | 17,293 | 41,018 | 21,863 | 19,155 | | 1.2.1.5.1 Software Services | 19,906 | 1,345 | 18,561 | 21,439 | 1,571 | 19,868 | | 1.2.1.5.2 Business Services | 9,936 | 9,433 | 503 | 10,290 | 11,109 | –820 | | 1.2.1.5.3 Financial Services | 1,686 | 1,171 | 515 | 1,111 | 618 | 494 | | 1.2.1.5.4 Communication Services | 600 | 263 | 337 | 760 | 336 | 424 | | 1.2.2 Transfers | 18,100 | 1,887 | 16,213 | 17,972 | 1,812 | 16,160 | | 1.2.2.1 Official | 30 | 219 | –190 | 69 | 226 | –157 | | 1.2.2.2 Private | 18,070 | 1,668 | 16,402 | 17,903 | 1,587 | 16,317 | | 1.2.3 Income | 4,781 | 12,601 | –7,820 | 5,190 | 12,115 | –6,925 | | 1.2.3.1 Investment Income | 3,651 | 11,984 | –8,333 | 4,033 | 11,521 | –7,488 | | 1.2.3.2 Compensation of Employees | 1,129 | 617 | 513 | 1,157 | 593 | 564 | | 2 CAPITAL ACCOUNT (2.1+2.2+2.3+2.4+2.5) | 171,492 | 146,468 | 25,024 | 158,982 | 139,740 | 19,241 | | 2.1 Foreign Investment (2.1.1+2.1.2) | 85,777 | 77,094 | 8,683 | 93,816 | 77,960 | 15,856 | | 2.1.1 Foreign Direct Investment | 13,840 | 7,432 | 6,408 | 16,654 | 10,235 | 6,420 | | 2.1.1.1 In India | 13,097 | 4,492 | 8,605 | 15,461 | 5,671 | 9,790 | | 2.1.1.1.1 Equity | 9,096 | 4,458 | 4,638 | 11,058 | 5,636 | 5,422 | | 2.1.1.1.2 Reinvested Earnings | 3,393 | – | 3,393 | 3,650 | – | 3,650 | | 2.1.1.1.3 Other Capital | 608 | 34 | 574 | 753 | 36 | 718 | | 2.1.1.2 Abroad | 743 | 2,941 | –2,198 | 1,193 | 4,563 | –3,370 | | 2.1.1.2.1 Equity | 743 | 1,263 | –520 | 1,193 | 1,683 | –489 | | 2.1.1.2.2 Reinvested Earnings | 0 | 713 | –713 | 0 | 758 | –758 | | 2.1.1.2.3 Other Capital | 0 | 964 | –964 | 0 | 2,123 | –2,123 | | 2.1.2 Portfolio Investment | 71,937 | 69,661 | 2,276 | 77,162 | 67,726 | 9,436 | | 2.1.2.1 In India | 71,802 | 69,427 | 2,376 | 76,807 | 65,338 | 11,469 | | 2.1.2.1.1 FIIs | 71,802 | 69,427 | 2,376 | 76,807 | 65,338 | 11,469 | | 2.1.2.1.1.1 Equity | 58,274 | 56,148 | 2,126 | 58,600 | 50,602 | 7,998 | | 2.1.2.1.1.2 Debt | 13,528 | 13,279 | 249 | 18,207 | 14,736 | 3,471 | | 2.1.2.1.2 ADR/GDRs | 0 | 0 | 0 | 0 | – | 0 | | 2.1.2.2 Abroad | 135 | 235 | –100 | 355 | 2,388 | –2,033 | | 2.2 Loans (2.2.1+2.2.2+2.2.3) | 40,835 | 33,870 | 6,965 | 31,255 | 20,997 | 10,258 | | 2.2.1 External Assistance | 2,686 | 1,257 | 1,430 | 2,554 | 1,301 | 1,253 | | 2.2.1.1 By India | 14 | 31 | –17 | 12 | 30 | –18 | | 2.2.1.2 To India | 2,673 | 1,225 | 1,447 | 2,542 | 1,271 | 1,271 | | 2.2.2 Commercial Borrowings | 13,581 | 12,589 | 992 | 17,993 | 10,456 | 7,537 | | 2.2.2.1 By India | 6,134 | 6,098 | 36 | 7,291 | 7,000 | 292 | | 2.2.2.2 To India | 7,447 | 6,491 | 956 | 10,702 | 3,456 | 7,246 | | 2.2.3 Short Term to India | 24,568 | 20,025 | 4,543 | 10,708 | 9,241 | 1,468 | | 2.2.3.1 Buyers' credit & Suppliers' Credit >180 days | 22,951 | 20,025 | 2,926 | 10,052 | 9,241 | 812 | | 2.2.3.2 Suppliers' Credit up to 180 days | 1,617 | 0 | 1,617 | 656 | 0 | 656 | | 2.3 Banking Capital (2.3.1+2.3.2) | 31,834 | 27,205 | 4,629 | 21,606 | 29,670 | –8,064 | | 2.3.1 Commercial Banks | 31,751 | 27,205 | 4,547 | 20,599 | 29,668 | –9,069 | | 2.3.1.1 Assets | 7,132 | 10,960 | –3,829 | 443 | 16,542 | –16,099 | | 2.3.1.2 Liabilities | 24,620 | 16,244 | 8,375 | 20,156 | 13,127 | 7,029 | | 2.3.1.2.1 Non-Resident Deposits | 20,068 | 15,432 | 4,636 | 14,974 | 11,563 | 3,411 | | 2.3.2 Others | 83 | 0 | 83 | 1,007 | 1 | 1,006 | | 2.4 Rupee Debt Service | – | 50 | –50 | – | 7 | –7 | | 2.5 Other Capital | 13,045 | 8,250 | 4,795 | 12,304 | 11,107 | 1,197 | | 3 Errors & Omissions | 1,279 | – | 1,279 | – | 431 | –431 | | 4 Monetary Movements (4.1+ 4.2) | 0 | 13,237 | –13,237 | 0 | 14,162 | –14,162 | | 4.1 I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | | 4.2 Foreign Exchange Reserves (Increase - / Decrease +) | 0 | 13,237 | –13,237 | 0 | 14,162 | –14,162 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |