Archive · 18 Nov 2025
RBI Extends Export Credit Moratorium; Cabinet Approves ₹25,000 Crore Export Promotion Mission
The Reserve Bank of India (RBI) has given exporters more time to pay back loans to help them deal with payment delays.
The government has also approved a big plan to help exporters, especially small businesses and those in labor-intensive industries, by providing more money for exports and supporting sectors affected by global tariff changes.
Some companies that might benefit from this are Avanti Feeds, Gokaldas Exports, and KPR Mill.
RBI extends export credit moratorium to 450 days, helping exporters manage cash flow.
Cabinet approves ₹25,060 crore export promotion mission with focus on MSMEs and labour-intensive sectors.
Budget includes ₹20,000 crore for exporters' credit guarantee programme expansion.
Priority support for sectors impacted by global tariff escalations like textiles, leather, and engineering goods.
Three stocks to watch: Avanti Feeds, Gokaldas Exports, and KPR Mill, given their export orientation and growth potential.
- Who
- RBI, Indian government, exporters, and companies like Avanti Feeds, Gokaldas Exports, KPR Mill
- What
- Extension of export credit moratorium and approval of export promotion mission
- When
- Moratorium extended until December 2025, export promotion mission approved on 12 November 2025
- Where
- India
- Why
- To provide liquidity support to exporters facing payment delays and strengthen India's export competitiveness
Exporters and Banks
Government
Moratorium Extension
Exporters and Banks
Welcome the extension as it helps manage cash flow and prevents immediate defaults.
Government
View it as a necessary measure to support exporters but may require banks to set aside provisions.
Export Promotion Mission
Exporters and Banks
Appreciate the focus on MSMEs and labour-intensive sectors, and the increased budget.
Government
May need to monitor the effective implementation and allocation of funds.
- Moratorium Extension
- From 270 days to 450 days for export credit
- Moratorium Period
- August 31 to December 2025
- Accrued Interest Payment Deadline
- March 31, 2026
- Export Credit Portfolio Size
- Approx. Rs 2 lakh crore
- Overall Bank Loans Portfolio
- Approx. Rs 170 lakh crore
- Standard Provisioning on Deferred Loans
- 5%
- Export Promotion Mission Budget
- ₹25,060 crore
- Exporters' Credit Guarantee Programme Allocation
- ₹20,000 crore
