Receivables Exchange of India Ltd (RXIL) takes pride in announcing another significant milestone of discounting of 50 Lakh MSME invoices amounting to Rs 100,000 Crores (Rs 1 lakh Crores) on its TReDS platform.

This achievement not only reflects RXIL’s unwavering dedication to growth and its steadfast commitment to empowering the backbone of India’s economy – the MSMEs.
RXIL expresses its gratitude to the stakeholder participants on RXIL TReDS platform, the seller MSMEs, the buyer Corporates and the Financiers for their trust and collaboration in making this milestone possible.

RXIL has received unwavering support and guidance from its shareholders – SIDBI(Small Industries Development Bank of India) NSE India State Bank of India ICICI Bank, and YES BANK and its Board of Directors throughout this journey.

RXIL also acknowledges the invaluable contribution of its dedicated and highly motivated team that has made this achievement possible !