Remittance of dividend and profit amount and interest payment on external borrowings to the residents outside India are computed as current account transactions under Balance of Payments (BoP) statistics periodically prepared by RBI.

As per BoP Statistics, details of profit and dividend paid by FDI enterprises and interest paid by Indian corporate on account of external commercial borrowings, for the financial years 2009-10 to 2012-13 (April-December) are given below:

Source: RBI

This was stated by Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha today.

DSM/RS/ka

(Release ID :95160)

Current account classification: dividend, profit repatriation and external borrowing interest treated as BoP current account transactions. Remittance of dividends, repatriated profits by FDI enterprises and interest on External Commercial Borrowings are recorded as current account transactions in the Balance of Payments statistics compiled by the Reserve Bank of India; RBI data for financial years 2009-10 through 2012-13 (April-December) quantify annual outflows from profit and dividend payments by FDI companies and interest on ECBs.