<h1>RBI Extends Export Proceeds Realization to 15 Months, Increases WMA Limits by 30% for States Amid COVID-19 Impact.</h1> The Reserve Bank of India (RBI) has announced measures to address the COVID-19 pandemic's economic impact. The realization period for export proceeds has been extended to 15 months for exports made until July 31, 2020, providing exporters more time and flexibility. Additionally, the RBI has increased the Ways and Means Advances (WMA) limits for State Governments and Union Territories by 30% to help manage the pandemic's financial challenges, effective from April 1 to September 30, 2020. Furthermore, the RBI has decided against activating the countercyclical capital buffer for at least one year based on current indicators.