RXIL TReDS Surpasses INR 1Trillion (1 Lakh Crore) in Invoice Financing for MSMEs.

Banking & Finance

Receivables Exchange of India Limited (RXIL) Trade Receivables Discounting System (TReDS) platform has achieved a significant milestone, facilitating financing of over 50 lac invoices worth ₹1,00,000 crore since its inception providing accessible working capital financing solutions to Micro, Small, and Medium Enterprises (MSMEs) in India which plays a pivotal role in driving economic growth and facilitating the nation's journey towards achieving a Rs. 5 trillion economy.


      MSME contributing over 30% to GDP, faces estimated credit gap of around Rs.28.2 lakh crores.

     

     

 

     


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