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To provide relief to exporters on account of trade disruptions arising due to global headwinds, more specifically tariffs, the Reserve Bank of India (RBI) on Friday (November 14, 2025) announced a host of trade relief measures that could mitigate a part of the impact.
It has relaxed FEMA Regulation on realisation and repatriation of proceeds of export of goods, software and services and advance payment against exports.
An extension has been provided in the time period for realisation and repatriation of the full export value of goods, software and services exported from India between nine to fifteen months from the date of export from India.
The RBI has also allowed the increase in the time period for shipment of goods from one year to three years from the date of receipt of advance payment or as per agreement, whichever is later.
As per the Reserve Bank of India (Trade Relief Measures) Directions, 2025, the central bank has attempted to ease the burden on debt repayments on specific impacted sectors which have been worst hit by the tariff.
RBI has granted a moratorium on deferment of payment of all of term loans and recovery of interest on working capital loans, as applicable, falling due between September 1, 2025, and December 31, 2025.
Permission has been granted to lenders to recalculate ‘drawing power’ in working capital facilities either by reducing the margins or basis reassessment, during the above period.
Relaxation has been provided in the repayment of export credit. Enhancement has been allowed in the maximum credit period from 270 days to 450 days for pre-shipment and post-shipment export credit disbursed till March 31, 2026.
As per the relief measure, lenders have been allowed to liquidate packing credit facilities availed by exporters on or before August 31, 2025, where the dispatch of goods could not take place, from any legitimate alternate sources, including domestic sale proceeds of such goods or substitution of contract with proceeds of another export order.
The guidelines have come into force with immediate effect.
Published – November 14, 2025 07:46 pm IST
