Due to ongoing geopolitical uncertainties and logistical disruptions, Reserve Bank of India has been receiving representations from various stakeholders regarding challenges in adhering to the timelines for realisation of export proceeds. In this regard, Reserve Bank, vide Press Release No. 2025-2026/1510 dated November 14, 2025, had advised extension in the time period for realisation and repatriation of full export value of goods/software/services exported from India from nine months to fifteen months from the date of export from India. It is clarified that the above relaxations shall continue to remain in force. Exporters may continue to avail the facility in accordance with the conditions stipulated therein. Additionally, as part of the above measures, the period for realisation of both pre-shipment and post-shipment export credit was enhanced to 450 days, for disbursals made till March 31, 2026. Given the continuing logistical disruptions due to the West Asia crisis, it has been decided to extend the enhanced export credit period of 450 days for all disbursals made till June 30, 2026. The Reserve Bank of India (Trade Relief Measures) Directions, 2026 are, accordingly, being issued today. Reserve Bank shall continue to monitor the situation closely and intervene in most appropriate manner, as and when required. (Brij Raj)
Chief General Manager Press Release: 2025-2026/2362 | |