Overview
- The central bank formally amended FEMA rules via a November 13 gazette to allow realisation and repatriation of export proceeds within 15 months, up from nine.
- RBI’s new directions provide a moratorium on term‑loan instalments and suspend interest recovery on working‑capital loans due September 1–December 31, 2025, with simple interest accrued and repayable by September 30, 2026.
- Pre‑ and post‑shipment export credit tenors are extended from 270 to 450 days for facilities disbursed up to March 31, 2026, easing stretched payment cycles.
- Exporters get longer operational leeway, including up to three years to ship goods after receiving advances and permission to liquidate unused packing credit sanctioned on or before August 31, 2025 using legitimate alternate proceeds.
- The package sits alongside government approvals this week for two exporter‑support schemes totaling over Rs 45,000 crore to bolster competitiveness and credit access.