The Reserve Bank of India (RBI) has introduced a series of relief measures to support exporters amid global trade headwinds.
Key Highlights
- RBI extended export proceeds repatriation timelines and eased credit norms to support exporters facing global disruptions.
- A moratorium on loan repayments and interest relief aims to ease liquidity pressure on exporters.
Under the new guidelines, exporters now have 15 months (instead of 9) to repatriate the full value of export proceeds. The allowable timeframe for shipping goods after receiving advance payments has also been extended from one year to three years, or as per contract terms.
To ease liquidity pressures, the RBI has granted a moratorium on term-loan repayments and interest on working-capital loans for the period between September 1 and December 31, 2025. During this moratorium, interest will accrue on a simple basis, without compounding.
Additionally, the RBI has increased the maximum credit period for pre-shipment and post-shipment export credit from 270 days to 450 days for loans disbursed until March 31, 2026. For exporters who took packing credit before August 31, 2025, but couldn’t dispatch goods, banks can allow liquidation through legitimate alternative sources — like domestic sales or proceeds from substitute export contracts.
Also Read: Union Cabinet Approves Rs 25,060 Cr Export Mission to Boost Trade
On the regulatory front, these relief measures will not count as restructuring, and the moratorium period will be excluded when calculating days past due for asset classification. Exporters and financial institutions have welcomed the move, calling it a timely support amid trade disruptions.
