New Delhi, March 18 -- The Bharat Chamber of Commerce (BCC) has urged the Reserve Bank of India (RBI) to introduce supportive banking measures to ease financial stress on exporters affected by disruptions in global logistics due to ongoing tensions in West Asia.

In a letter to RBI Governor Sanjay Malhotra, the chamber noted that West Asia is not only a key export destination but also a crucial transhipment hub for shipments to Europe and Africa.

"The ongoing situation has led to diversion of shipping routes, port congestion, higher freight and insurance costs, and extended transit periods, straining working capital cycles and liquidity positions of exporters," PTI reported, citing the letter.

Call for Enhanced Credit Support

The BCC h...