Mumbai, March 31 The Reserve Bank of India on Tuesday extended the enhanced export credit period of up to 450 days for pre-shipment and post-shipment finance for disbursements made until June 30, citing ongoing logistical disruptions due to the ongoing West Asia crisis.
The central bank had first introduced these measures in November 2025 amid the US tariff wars.
On Tuesday, the Reserve Bank of India (RBI) said it has been receiving representations from various stakeholders regarding difficulties in adhering to timelines for realizing export proceeds due to geopolitical uncertainties and supply chain disruptions.
In a notification, the regulator said that the enhanced export credit period of 450 days, which was previously available for disbursements made until March 31, 2026, will now be applicable for all disbursements until June 30, 2026.
The RBI also clarified that the earlier relaxation extending the time period for the realization and repatriation of the full export value of goods, software, and services from nine months to 15 months from the date of export will continue to remain in effect.
"Given the ongoing logistical disruptions due to the West Asia crisis, it has been decided to extend the enhanced export credit period of 450 days for all disbursements made until June 30, 2026," the central bank said.
These directions have come into effect immediately and will be applicable to all regulated entities engaged in export financing, including commercial banks, cooperative banks, non-banking financial companies engaged in factoring, and all-India financial institutions.
The RBI said that these measures are aimed at mitigating the burden of debt servicing arising from geopolitical tensions and ensuring the continuity of viable businesses engaged in export activities.
The central bank added that it will continue to closely monitor the situation and intervene appropriately as and when required.