The RBI has stated that an RE may allow an export credit tenor of up to 450 days for pre‑ and post‑shipment credit disbursed up to June 30, 2026.
For packing credit already availed before 31st March 2026, where export could not occur, an RE may permit liquidation through legitimate alternate sources, including domestic sale proceeds or proceeds from another export order.
Such relief is optional and not blanket, there is no mention of prudential and income recognition norms not being applied during this period.
For further details, please see:
RBI Notification – Extension of Timeline for Exporters
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