RXIL Strengthens MSME Growth Through TReDS & Digital Bill Discounting Solutions

Delayed receivables remain one of the biggest challenges for MSMEs, directly impacting their working capital, operations, and long-term sustainability. Through the RBI-regulated TReDS ecosystem, RXIL provides a secure, transparent, and digital marketplace where MSMEs can convert their approved invoices into cash by availing competitive financing from banks and NBFCs.

By streamlining the invoice discounting and bill discounting process, RXIL ensures that MSMEs no longer have to wait 60-90+ days for buyer payments. Instead, they benefit from faster settlements, competitive discounting rates, and confidence in an RBI-supervised framework.

Bill Discounting Through TReDS: A Game Changer for MSMEs

Traditional bill discounting in India has long been limited by manual documentation, slower bank processes, and limited access to affordable credit. RXIL addresses these pain points by digitizing the entire workflow.

Key advantages of bill discounting on RXIL:

● Transparent bidding from multiple financiers
● Lower financing costs compared to traditional loans
● Guaranteed payment once the buyer accepts the invoice
● Faster working capital cycles for MSMEs
● Secure digital platform regulated by RBI
● Support for both private and government/CPSE buyers

This mechanism not only empowers MSMEs but also encourages corporates and public-sector enterprises to adopt a more responsible, efficient, and transparent payment system.

Wide Adoption Across Corporates, CPSEs & MSMEs

RXIL has witnessed rapid adoption across various sectors including manufacturing, textiles, engineering, logistics, services, and government-linked enterprises. India's leading corporates and CPSEs are increasingly onboarding RXIL to ensure timely payments to their supplier networks and to support the national MSME development agenda.

With a growing network of financiers, RXIL ensures that MSMEs receive the benefit of competitive bidding, leading to reduced cost of finance and improved liquidity.

A Platform Built on Trust, Technology, and Transparency

RXIL's digital platform is designed to simplify receivables financing for businesses of all sizes. Key features include:

● Fast and seamless registration process for MSMEs
● Real-time invoice tracking and settlement updates
● Multi-financier bidding environment
● RBI-regulated governance framework
● Secure data management and compliance protocols

The platform's efficiency and transparency have made it a preferred choice among both MSMEs and corporate buyers.

Driving India's Vision of MSME Empowerment

MSMEs contribute significantly to India's GDP, exports, and employment. Ensuring timely payments and easy access to working capital is essential for their success. Through TReDS and digital bill discounting, RXIL is playing a critical role in strengthening this backbone of the Indian economy.

As government policies increasingly emphasize MSME empowerment, RXIL continues to support national priorities such as:

● Digital India
● Make in India
● Atmanirbhar Bharat
● Financial inclusion

By providing MSMEs with a reliable alternative to traditional credit lines, RXIL is helping thousands of businesses grow faster and operate more efficiently.

Visit Website - https://www.rxil.in/
Know more about TReDS - https://www.rxil.in/treds/

701-702, 7th Floor, Lodha Supremus, E Wing,
I-Think Techno Campus, Kanjurmarg East,
Mumbai - 400042

RXIL is India's first licensed TReDS platform, jointly promoted by SIDBI and the National Stock Exchange (NSE). The platform facilitates digital bill discounting, invoice financing, and secure receivables management for MSMEs, corporates, and financiers across India. With a commitment to transparency, technology, and trust, RXIL continues to lead the evolution of digital supply chain finance in the country.

This release was published on openPR.