Indian exporters meet RBI Governor seeking relief from US tariffs, including loan moratoriums.

Indian exporters are meeting RBI Governor Sanjay Malhotra to seek relief from tough US tariffs, including a 12-month moratorium on loan repayments and a waiver of penal interest. They aim to maintain competitiveness against countries like Vietnam and Bangladesh, as new US tariffs have made Indian goods less attractive. The exporters also want a sovereign guarantee to help enter new markets. This could prevent potential job losses in sectors like textiles and leather, affected by the increased tariffs.