
Commercial banks have requested the Reserve Bank of India (RBI) to extend trade relief measures, including loan moratoriums and restructuring options for exporters, beyond their December 31 deadline. The current scheme, introduced in November, aims to mitigate stress from delayed receivables and global trade uncertainties. Banks cite ongoing challenges like supply chain realignments and certification delays, particularly for sectors exposed to the US market. While uptake has been modest, banks anticipate increased demand for extensions and restructuring in the coming quarter.