Export Credit Relief

The Reserve Bank of India (RBI) has extended export credit relief to June 2026 amid global disruptions, providing a much-needed boost to exporters struggling with payment realization deadlines. This move is aimed at supporting exporters facing challenges due to logistical bottlenecks and uncertainties arising from the West Asia crisis. The enhanced export credit period of 450 days will now apply to all disbursals made until June 30, 2026 .

The RBI's decision is expected to provide respite to exporters and help maintain the country's export momentum. India's exports to the West Asia have been impacted by the ongoing conflict, resulting in substantial trade flow disruptions. Key shipping routes, particularly through the Strait of Hormuz, have become increasingly hazardous, leading to delays, elevated freight costs, and higher insurance premiums.

The RBI's proactive stance is aimed at safeguarding the interests of India's export sector in uncertain times. The central bank will continue to monitor the evolving global conditions and stands ready to intervene in the most appropriate manner. This move is seen as a positive step towards supporting India's export growth, which has been registering a positive trend, with February 2026 exports estimated at $76.13 billion, a growth of 11.05% year-on-year.