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TReDS platform RXIL crosses Rs 2 lakh cr MSME invoice financing milestone
New Delhi: TReDS platform Receivables Exchange of India Ltd (RXIL), a joint venture promoted by SIDBI and NSE, along with State Bank of India, ICICI Bank, and Yes Bank, has crossed the milestone of Rs 2 lakh crore MSME invoice financing. The RXIL TReDS platform has facilitated financing worth Rs 80,500 crore in FY25 alone, […]
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The Union Budget 2025 has brought significant reforms to empower MSMEs
The Union Budget 2025 has brought significant reforms to empower MSMEs and enable trade finance ensuring seamless access to working capital and driving economic growth. These reforms are a game-changer for MSMEs, ensuring improved cash flow, reduced credit cycles, and greater financial stability. To know more see the below images. Download Union Budget PDF
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Receivables Exchange of India Ltd (RXIL) has received the Happiness & Wellbeing Award 2024
Receivables Exchange of India Ltd (RXIL) has received the Happiness & Wellbeing Award 2024, recognizing our commitment to fostering a positive and thriving workplace culture. As a key participant in the Happiness & Wellbeing Conclave 2025, held in collaboration with ETHRWorld, our MD & CEO, Ketan Gaikwad, shared valuable insights on building a healthier and […]
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Union Budget 2024: Government to launch credit guarantee scheme for MSMEs, reduces turnover threshold for TReDS onboarding
NEW DELHI: The government will introduce a credit guarantee scheme for MSMEs to facilitate term loans without collateral or third-party guarantees, Finance Minister Nirmala Sitharaman announced on Tuesday. Presenting her seventh consecutive Union Budget, Sitharaman also stated that public sector banks will develop in-house capabilities for credit assessment of MSMEs. To bolster the sector, the […]
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Receivables Exchange of India Limited (RXIL), a leading MSMEs focused digital platform in India, joins the SME Finance Forum
Washington D.C, July 9th, 2024 – Receivables Exchange of India Limited (RXIL), a leading MSMEs focused digital platform in India has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance […]
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TReDS platform RXIL crosses ₹1 lakh crore in MSME invoice financing
RXIL has more than 25,000 registered MSMEs on the platform.The Trade Receivables Discounting System (TReDS) platform, the Receivables Exchange of India Ltd (RXIL), has financed over 50 lakh invoices totaling ₹1 lakh crore. The joint venture between SIDBI, NSE, State Bank of India, ICICI Bank, and YES Bank, provides working capital solutions for MSMEs by facilitating invoice financing on the […]
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Another Milestone! Rs. 100,000 crores
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 – […]
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Another Milestone! RXIL “Innovation Centre”.
A momentous occasion unfolded as Receivables Exchange of India Ltd (RXIL) inaugurated “Innovation Centre”, graced by the esteemed presence of Shri. S Ramann, Chairman and Managing Director, SIDBI and Chairman of RXIL, alongside Shri. Mukesh Agarwal, CEO- Indices and Data at NSE and Director of RXIL. This event emphasizes RXIL’s steadfast commitment to growth, innovation […]
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Visiting the inspiring Signal School in Thane
Today, Receivables Exchange of India Limited took a step beyond business, by visiting the inspiring Signal School in Thane. Our visit to this remarkable institution was a profound reminder that education is the most powerful tool we can offer to the next generation. Here, we engaged with the spirited students, whose aspirations and dreams are […]
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MOU signing between RXIL and Government of Maharashtra.
We welcome The Government of Maharashtra into our TReDS initiative, with the invaluable support and presence of Uday Samant, Minister of Industries of Maharashtra, Shri. Deependra Singh Kushwah, Development Commissioner (Industries), Dr. Harshadeep Kamble I.A.S Principal Secretary (Inds), Government of Maharashtra, and Dr. Vipin Sharma I.A.S Chief Executive Officer, Maharashtra Industrial Development Corporation (MIDC). At […]