Mumbai, Apr 10: Receivables Exchange of India Ltd (RXIL), India’s leading RBI-regulated Trade Receivables Discounting System (TReDS) platform, today announced that the cumulative value of invoices financed in the platform since inception, has crossed ₹3,00,000 Crore becoming the first TReDS platform to achieve this milestone. During FY 26, RXIL achieved a total throughput (invoices financed) of ₹1,21,105 crore, registering a 51% growth, reflecting strong momentum in platform adoption and increased participation across stakeholders.
RXIL is now a central pillar of India’s MSME Financing Infrastructure and has , onboarded 72,000+ MSMEs and 3,400+ corporate buyers since inception, and facilitated the financing of over 1.2 crore invoices. The platform enables MSME suppliers to convert their approved receivables into cash without collateral in under 24 hours, through a transparent multi-financier bidding mechanism. This has helped MSMEs reduce their receivable cycles, strengthen creditworthiness and sustain business growth.
After achieving cumulative throughput of ₹2,00,000 crore in July 2025, RXIL accelerated its growth trajectory by facilitating financing of MSME invoices of another ₹1,00,000 crore in just eight months.
Commenting on the milestone, Shri Manoj Mittal, CMD, SIDBI, and Chairman, RXIL said: “The growing relevance of the TReDS ecosystem underscores its role in addressing MSME working capital needs in a more efficient and transparent manner. Platforms like RXIL TReDS are enabling timely access to finance through digital, market-based mechanisms. As the ecosystem evolves, wider participation from buyers and financiers will be key to unlocking its full potential.”
This milestone reflects the collective commitment of the Government of India, Reserve Bank of India, and RXIL’s promoter institutions SIDBI, NSE, State Bank of India, ICICI Bank, and YES Bank.
Over the years, RXIL has played a defining role in shaping the TReDS landscape connecting buyers, sellers and financiers on a single digital platform, streamlining payment cycles, and improving working capital efficiency across industries.
The recent policy direction in the Union Budget 2026, with its increased emphasis on scaling the TReDS ecosystem, is expected to further accelerate adoption and deepen credit access for MSMEs.
As India advances towards the vision of Viksit Bharat, RXIL remains committed to enhancing access to formal credit, expanding platform participation, and building a future-ready trade finance ecosystem that empowers enterprises of every scale.
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