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RXIL GLOBAL
KredX secures licence from RBI to operate as a TReDS platformKredX is the fifth company to secure this licence from the central bank. The other four are: Receivables Exchange of India (RXIL), M1 Excha...- TReDS bill financing crosses Rs 2-lakh crore markTReDS is an initiative introduced by the RBI and backed by the MSME Ministry. It serves as an electronic platform facilitating the financin...
- ET MSME Awards 2024: Meet the esteemed jurorsIndia’s largest, most credible MSME awards is back for a fifth edition. Here’s introducing the jury members who will evaluate and shortlist...
- RBI's platform bridges India’s $600 billion gap for smaller firmsIndian engineering firm BTL EPC Ltd has seen revenues double and reduced funding costs by 2.5 percentage points through the RBI-backed Trad...
- Yes Bank becomes first Indian bank to conduct export finance transaction on RXIL’s ITFS platformYes Bank has become the first Indian bank to execute an export finance transaction on the International Trade Financing Services Platform (...
- RXIL Global to help MSMEs get early payment on export invoices through ITFSMSMEs don’t have deep pockets and so often find themselves in trouble when it comes to realising payments for exports. But a trade platform...
- Exim Bank to raise up to $4 billion this yearExim Bank intends to raise around $3.5 billion to $4 billion this year to fund its government-backed business, said Harsha Bangari, MD. The...
- Exim Bank to raise upto dollar 4 billion this yearExport lender Exim Bank plans to raise $ 3.5 to 4 billion this year to fund its government supported business. The lender reported a 110 pe...
- ET MSME Awards: Last date for registrations extended to November 15; apply nowThe registrations for the 3rd edition of the ET MSME Awards 2022 - a defining platform for rewarding and recognising the top Indian MSMEs h...
- From Rachana Bhusari, R Narayan to Dr Glory Swarupa, Mabel Chacko & more, meet the jury of ET MSME Awards 2022The jury members of ET MSME Awards 2022 will feature key leaders and stakeholders of the Indian MSME ecosystem including Dr. Glory Swarupa,...
- About Rs 10.7-lakh-crore stuck in delayed payments to MSMEs, amounting to 6% of India’s GVADelayed payments are a critical issue not only affecting MSMEs growth but disrupting the supply chains and denting the economy, but it's no...
- RBI measures for MSMEs, contact-intensive sectors augur well for economy, say financial expertsThe MPC decided, with a 5 to 1 majority, to continue the accommodative stance as long as necessary to revive and sustain growth on a durabl...
- Setback for MSMEs, state-run companies hesitant of adopting TReDS despite govt diktatAt the heart of the problem is the pace at which CPSEs approve invoices, said Sundeep Mohindru, the chief executive officer of M1Xchange, a...
- Compulsory TReDS to ease payment woes for MSMEs, small companiesThe Centre is seeking to cut through swathes of bureaucracy and speed up bill payments by getting its departments to compulsorily adopt the...
- Choked by dues: What efforts are being taken to ease the biggest problem faced by Indian MSMEs?The bottom of India Inc’s food chain — the MSMEs — feel the sting of late payments the most.
- Trading platform for SMEs, TReDS, set to take off after three yearsIn just three months of operations, Invoicemart, the Axis Bank-backed TReDS platform, has so far discounted invoices worth Rs 130 crore whi...
- Twelve stocks in focus in Friday morning tradeThe Indian market is expected to open flat. Here is a list of top twelve stocks that are likely to be in focus today.
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