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Indian exporters seek RBI relief from West Asia conflict-driven shipping disruptions.
Indian exporters, represented by the Bharat Chamber of Commerce, are urging the RBI to provide financial relief due to ongoing disruptions in West Asia affecting shipping routes, increasing costs, and delaying exports.
They requested a six-month moratorium on loan repayments, extended credit tenures, higher working capital limits, and flexibility in bill rollovers and discounting, especially for MSMEs and perishable goods exporters.
The conflict has strained liquidity, with West Asia being a major export market and transshipment hub.
The RBI is reviewing the request, while the government explores insurance-based support.
Los exportadores indios buscan el alivio de RBI de las interrupciones del transporte marítimo provocadas por los conflictos en Asia occidental.