New Delhi, Oct. 1 -- The Reserve Bank of India (RBI) on Wednesday, announced a set of measures aimed at easing compliance and providing liquidity support to exporters facing headwinds from the recent imposition of 50 per cent tariffs by the United States on Indian shipments.

RBI Governor Sanjay Malhotra said the measures aim to strengthen the export sector and improve ease of doing business for traders. "The export sector is a vital part of India's economy," he noted while outlining the initiatives, reported PTI.

One of the key relaxations is the extension of the time limit for repatriation of export proceeds from foreign currency accounts held by Indian exporters with International Financial Services Centre (IFSC) Banking Units.

Expor...