Wednesday, October 18, 2017, 03:59 AM
 

About RXIL

  • Receivables Exchange of India Ltd (RXIL), is a joint venture promoted by Small Industries Development Bank of India (SIDBI), the apex financial institution for promotion and financing of MSMEs in India and National Stock Exchange of India Limited (NSE), the premier stock exchange in India. RXIL has been incorporated under the Companies Act, 2013 on February 25, 2016. RXIL operates the Trade Receivables Discounting System (TReDS) Platform as per the TReDS guideline issued by RBI on December 3, 2014.
  • RXIL is the first entity to receive the approval from Reserve Bank of India (RBI) on December 01, 2016 to launch India's First TReDS Exchange.