RBI Offers Moratorium and Extends FX Window for Tariff-Hit Exporters

The Reserve Bank of India has unveiled a set of relief measures aimed at exporters struggling with delayed shipments and cash flow strain following steep tariffs imposed by the United States.  

The steps, effective immediately, are designed to ease liquidity pressure and provide operational flexibility across key export-driven sectors. 

RBI Extends Loan and Export Realisation Timelines 

A moratorium has been announced on all term loans falling due between September 1, and December 31, 2025, with interest charged on a simple basis during this period. 20 sectors, including organic chemicals, plastics, apparels, and footwear, are eligible for this relief. Exporters have also been granted 15 months, instead of 9, to realise and repatriate export proceeds.  

In addition, the window for shipping goods against advance payments has been widened to three years, up from one year earlier. 

Additional Credit Flexibility for Exporters 

To prevent stressed credit from turning delinquent, the maximum duration for pre- and post-shipment finance disbursed up to March 31, 2026, has been extended to 450 days. Packing credit sanctioned on or before August 31, 2025, may be adjusted using domestic sales income or revenue from substitute export orders.  

The measures come at a time when US tariffs of 50% on most Indian exports have disrupted order flows, leading to cancellations, delayed payments and inventory build-up for MSME exporters. 

Read More: RBI Introduces Silver as Loan Collateral Under New Lending Rules Effective April 2026! 

Conclusion 

With shipment delays and liquidity pressures weighing on exporters, the RBI’s latest interventions are expected to provide short-term stability as the sector works through the effects of the tariff shock. 

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