Extending Credit
RBI eases credit, repatriation norms for exporters from 20 sectors
This story was originally published at 19:30 IST on 14 November 2025
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--RBI: Trade relief measures applicable to 20 affected sectors
--RBI: Trade relief measures effective immediately
--RBI: Max credit period for export credit disbursed till Mar 31 at 450 days
--RBI: Interest payment moratorium for some sectors on loans due in Sept-Dec
--RBI: Can ship goods for up to 3 yrs from date of payment vs 1 year earlier
--RBI: Extended repatriation time for full value of exports to 15 mos from 9
--RBI: Took measures to mitigate impact of trade disruptions on exports
--RBI announces trade relief measures
NEW DELHI – The Reserve Bank of India Friday announced measures to ease credit and repatriation norms for exporters from 20 sectors. The relief measures come at a time when the country's top export destination, the US, has imposed steep tariffs on Indian goods.
Among the measures to ease credit availability for exporters, the RBI has allowed banks to grant a moratorium on payment of all term loan instalments between Sept. 1 and Dec. 31. During the moratorium, interest shall continue to accrue, but the interest application shall be on simple interest basis, without compounding effect, that is, there shall be no interest on interest, the RBI said. The exporters can also get the accumulated interest converted into a term loan and repay it within six months from Mar. 31.
Banks can provide a credit period of 450 days to exporters on pre- and post-shipment export credit disbursed till Mar. 31, the central bank said. In respect of packing credit facilities already availed by exporters on or before Aug. 31, where dispatch of goods could not take place, a bank may allow liquidation of such facilities from any legitimate alternate sources, including domestic sale proceeds of such goods or substitution of contract with proceeds of another export order, the RBI added.
The RBI has also extended the repatriation time for full value of exports to 15 months from nine months. Exporters can also ship goods for three years after the payment, against the time limit of a year.
The 20 sectors that are eligible for relief include marine products, gems & jewellery, textiles, furniture. These are also the worst-hit sectors after the US imposed a 50% tariff on Indian goods. The country's exports to the US fell 12% on year in September after the US imposed a 50% tariff on Indian goods in August.
Meanwhile, the Union Cabinet this week approved the much-talked-about Export Promotion Mission to strengthen India's export ecosystem with an outlay of INR 250.60 billion for six years. The government also approved INR 200 billion for the expansion of credit guarantee scheme, under which lending institutions will extend collateral-free credit support to both micro, small, and medium enterprises and non-MSME exporters. End
US$1 = INR 88.74
Reported by Krity Ambey
Edited by Ashish Shirke
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