Sep 29, 2017: The Reserve Bank released data relating to India’s international investment position (IIP) as at end-June 2017 (.xlsx file).
Key Features of India’s IIP in June 2017
- As a consequence, net IIP (the difference between the economy’s external financial assets and liabilities) deteriorated during April-June 2017.
- Increase in reserve assets and overseas direct investment contributed to the increase in Indian residents’ financial assets abroad, offsetting a reduction in loans and currency and deposits during the quarter; reserve assets accounted for nearly two-third of India’s international financial assets (Table 2).
- Portfolio investment in debt securities and direct investment inflows were major contributors to the increase in foreign-owned assets in India during the quarter.
- Debt and non-debt liabilities had equal shares in total external liabilities of Indian residents (Table 3).
TABLE 1, 2 & 3 ARE AVAILABLE HERE: LINK
India’s quarterly IIP is disseminated with a one-quarter lag. The IIP for end-March 2017 was placed in the public domain on June 30, 2017.