- All licensed banks authorized to operate in SEZs; prior access limited to selected lenders
- SEZ firms gain access to full banking services: FX, trade finance, loans, and payments
- Policy targets increased export volumes from industrial parks and SEZ-based manufacturers
- Expanded FX access supports import of raw materials and intermediate goods
- Increased lender participation expected to reduce borrowing costs for exporters and traders
- Broader credit access enables financing for logistics assets, including trucks and equipment
- Reform aligns with FX liberalization and rising export growth trends
Why it matters?
Opening SEZ banking expands access to FX and credit, directly supporting import flows and export production. Increased competition among banks improves financing conditions for trade and logistics, enabling truck acquisition and supply chain expansion linked to industrial zones.