General > Trade Relief Measures - 2025
Trade Relief Measures - 2025
Background
In view of the prevailing global trade disruptions and external headwinds impacting international trade, the Reserve Bank of India (RBI) has issued Trade Relief Measures – 2025, permitting banks to provide certain reliefs to eligible borrowers.
Accordingly, Union Bank of India has framed a policy outlining the objective criteria, scope, and modalities for extending the relief measures, in line with RBI Directions.
The objective of the Trade Relief Measures is to:
- Provide temporary relief to eligible exporter borrowers affected by global trade disruptions.
- Facilitate continuity of genuine international trade activities.