India central bank extends export credit relief to June 2026 amid Middle East crisis
- Exporters can continue to realise and repatriate the full value of exports
India’s central bank on Tuesday announced trade relief measures for exporters, allowing a longer credit period, citing debt-servicing stress caused by geopolitical tensions in the Middle East.
The Reserve Bank of India extended an enhanced credit period of up to 450 days for both pre‑shipment and post‑shipment export credit disbursed until June 30, 2026.
The relaxation applies to commercial banks, cooperative banks, NBFC‑factors and all‑India financial institutions eligible to undertake export financing.
The RBI added that exporters can continue to realise and repatriate the full value of exports of goods, software and services within 15 months from the date of export, instead of the standard nine months.
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The 15‑month relaxation was first announced in November 2025 following representations from exporters citing geopolitical uncertainty and supply‑chain disruptions.
The measures are intended to mitigate the burden of debt servicing on exporters affected by logistical and trade disruptions arising from the West Asia crisis, the RBI said, adding that it will continue to monitor the situation.
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