Exporters hit by US tariffs to get relief as central bank steps in
Mumbai, Nov. 15 -- In a relief to tariff-hit export-oriented sectors and their lenders, the Reserve Bank of India (RBI) on Friday announced several measures to ease their access to working capital, enable higher borrowing limits, and defer loan repayments until the end of the calendar year.
"Reserve Bank has taken the following measures with a view to mitigating the impact of trade disruptions on exports arising on account of global headwinds," it said in a release, adding that the objective is also to lessen the burden of debt servicing and to ensure the continuity of businesses.
The measures titled Reserve Bank of India (Trade Relief Measures) Directions, 2025, will be effective immediately.
The RBI has notified a list of 20 eligible sect...
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