On 11 September 2012, the Reserve Bank of India amended the trade credits facility for import of capital goods.
 
The amendement allows companies in the infrastructure sector to avail such credits for a maximum period of five years. Normally, trade credit is allowed for a maximum period of three years and minimum period of one year. 
 
Other conditions that will apply to the infrastructure sector :
i) the trade credit must be contracted for a period not less than 15 months and not be in the nature of short term roll-overs, 
ii) Banks are not permitted to issue Letters of Credit/guarantees/Letter of Undertaking/Letter of Comfort in favour of overseas supplier, bank and financial institutions for a period beyond three years.
 
On 24 Septemeber 2013, the extended maximum period of 5 years was provided for trade credits for companies in all sectors. Further, the minimum period for such credits was relaxed to 6 months for all sectors.