The Reserve Bank of India (RBI), on November 14, 2025, has issued the Reserve Bank of India (Trade Relief Measures) Directions, 2025 under sections 21, 35A, and 56 of the Banking Regulation Act, 1949, and other relevant statutes. The measures have been introduced to mitigate the adverse effects of global trade disruptions on Indian exporters and to support continuity of viable businesses.
Key reliefs include the extension of the realization period for export proceeds from nine months to fifteen months and the shipment window for advance payments from one year to three years. Further, a moratorium/deferment on term loans and working capital loans falling due between September 1, 2025, and December 31, 2025, has been allowed, along with the option for lenders to recalculate drawing power during this period. Additionally, the maximum credit period for pre-shipment and post-shipment export credit has been extended to 450 days for loans disbursed till March 31, 2026.
These Directions are immediately applicable to banks, NBFCs, cooperative banks, All-India Financial Institutions, and Credit Information Companies. RBI has also mandated a minimum 5% general provision on outstanding standard accounts availing these reliefs, along with fortnightly reporting on the DAKSH platform. The measures aim to provide liquidity, ensure smoother debt servicing, and sustain India’s export momentum amid global headwinds.
[Notification No. RBI/2025-26/96, DOR.STR.REC.60/21.04.048/2025-26]
