The Reserve Bank of India (RBI) on Friday unveiled a series of relief measures aimed at mitigating the impact of global trade disruptions on Indian exporters.
Under amendments to FEMA regulations, the RBI has extended the deadline for realisation and repatriation of export proceeds—covering goods, software, and services—from nine months to 15 months. The time period for shipment of goods against advance payments has also been increased from one year to three years, or as per agreement.
Separately, through the RBI (Trade Relief Measures) Directions, 2025, the central bank announced additional support for sectors facing debt-servicing challenges. These include a moratorium or deferment on term loan repayments and interest on working capital loans falling due between September 1 and December 31, 2025. Lenders have also been permitted to reassess or reduce margins to recalculate drawing power during this period.
To ease export financing stress, the RBI has extended the maximum credit period for pre-shipment and post-shipment export credit from 270 to 450 days for loans disbursed until March 31, 2026. Banks may also allow liquidation of packing credit facilities availed on or before August 31, 2025, through legitimate alternate sources—such as domestic sales—if goods could not be dispatched.
All guidelines come into immediate effect.