DBS Bank India Partners with RXIL to Provide Pre-shipment Financing for MSMEs.

Banking & Finance

DBS Bank India has announced the launch of a pre-shipment financing solution aimed at empower SMEs in the country, in partnership with Receivables Exchange of India Ltd (RXIL), the first Reserve Bank of India-licensed exchange platform under the Trade Receivables electronic.


      The focus of this initiative is on Micro, Small, and Medium Enterprises (MSMEs) in India.

      The financing solutions will use RXIL's digital platform, enabling financing against receivables and trade-related instruments.

      DBS Bank India's partnership highlights its commitment to fostering MSME growth through innovative financial products and services.

 

     


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