RXIL Crosses Rs 2 Trillion in MSME Invoice Financing
04 Jul 2025 CW Team
Receivables Exchange of India Ltd (RXIL), a leading TReDS platform backed by SIDBI and the National Stock Exchange, has surpassed Rs 2 trillion in cumulative invoice financing for micro, small, and medium enterprises (MSMEs). This milestone underscores the growing reliance on formal, tech-driven credit solutions within India’s MSME ecosystem.
In FY2024–25 alone, RXIL facilitated invoice financing worth Rs 805 billion, with over 44,000 MSMEs registered across 1,600 postal codes. Since inception, the platform has enabled the discounting of over 8.85 million invoices.
RXIL’s stakeholders include major banks such as the State Bank of India, ICICI Bank, and Yes Bank, and it operates under the regulation of the Reserve Bank of India. By facilitating direct settlement of receivables, the platform supports improved working capital access and more robust supply chain financing for corporates, CPSEs, and PSUs.