Mumbai, Nov 14
The Reserve Bank of India (RBI) on Friday announced several measures to mitigate the impact of trade disruptions on Indian exports “arising on account of global headwinds.”
In order to ease the burden on debt repayments on specific impacted sectors, the new norms also impose a moratorium on payment of all term loans and recovery of interest on working capital loans, as applicable, falling due between September 1, 2025, and December 31, 2025.
The RBI has also relaxed the conditions for repayment of export credit. The maximum credit period has been enhanced from 1 year to 450 days for pre-shipment and post-shipment export credit disbursed till March 31, 2026.