Overview
- Exporters now have up to 15 months to realise and repatriate proceeds, up from nine months, with shipment after advance payments allowed within three years.
- Eligible borrowers get a moratorium or deferment on term-loan instalments and working-capital interest falling due from September 1 to December 31, 2025, with simple interest accrual only.
- Accrued interest during the relief period will be converted into a funded interest term loan repayable after March 31, 2026 and no later than September 30, 2026.
- Pre- and post-shipment export credit tenors are extended to 450 days for facilities disbursed up to March 31, 2026, and lenders may recalculate drawing power to ease working-capital strain.
- Relief will not be treated as restructuring, lenders must provision at least 5% on specified standard accounts, packing credit may be liquidated from legitimate alternate sources, and fortnightly MIS reporting to RBI is mandated.