The Indian MSME ecosystem has long struggled with delayed payments and restricted access to affordable credit. Working capital shortages often force small businesses to slow production, delay salaries, or rely…
Author: RXIL treds
Receivables Exchange of India Limited (RXIL) is an online digital platform (a Trade Receivables Discounting System, or TReDS) that facilitates the financing of trade receivables for Micro, Small, and Medium Enterprises (MSMEs) in India. It was established as a joint venture by the Small Industries Development Bank of India (SIDBI) and the National Stock Exchange of India (NSE), and is regulated by the Reserve Bank of India (RBI)