Preliminary data on India’s balance of payments (BoP) for the third quarter (Q3), i.e., October-December 2023-24, are presented in Statements I and II. Key Features of India’s BoP in Q3:2023-24 India’s current account balance recorded a deficit of US$ 10.5 billion (1.2 per cent of GDP) in Q3:2023-24, lower than US$ 11.4 billion (1.3 per cent of GDP) in Q2:2023-24 and US$ 16.8 billion (2.0 per cent of GDP) a year ago [i.e., Q3:2022-23].
 

Today, the Reserve Bank of India released balance of payments (BoP) data for October-December 2023 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-December 2023 are detailed below in Table 1

Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Mar. 17 Mar. 8 Mar. 15 Week Year  

(Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs,SFBs and PBs) ALL SCHEDULED BANKS 10-Mar-23 23-FEB-2024 * 08-MAR-2024 * 10-Mar-23 23-FEB-2024 * 08-MAR-2024 * I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 218699.94 266228.42 293601.62 220990.08 269753.71 297404.13 **  b) Borrowings from banks 81541.3 178118.67 182369.52 81963.31 178124.17 183015.74  c) Other demand & time liabilities 59183.75 71817.98 71907.6 59827.09 72457.75 72556.82

The Reserve Bank has today released data on Reserve Money for the week ended March 15, 2024 and Money Supply for the fortnight ended March 08, 2024.

Today, the Reserve Bank released the March 2024 issue of its monthly Bulletin. The Bulletin includes four speeches, three articles, and current statistics. The three articles are: I. State of the Economy; II. Pandemic-induced Policy Stimulus and Inflation: A Cross-Country Perspective; and III. Seasonality in India’s Key Economic Indicators.

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of February 2024. Ajit Prasad Director (Communications) Press Release: 2023-2024/2065

Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract1. Reserve Bank of India -Liabilities and Assets*(₹ Crore_Item 2023 2024 Mar. 10 Mar. 1 

The Reserve Bank has today released data on Reserve Money for the week ended March 08, 2024. Ajit Prasad Director (Communications) Press Release: 2023-2024/204

1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2023 2024 Variation Mar. 3 Feb. 23 Mar. 1 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government 0 0 0 0 0 4.2 State Governments 14077 14809 3252 -11557 -10825 * Data are provisional; difference, if any, is due to rounding off.