Receivables Exchange of India Ltd (RXIL) on Friday said it achieved a total throughput (invoices financed) of ₹1,21,105 crore in FY26, registering a 51 per cent growth.
In the process, the cumulative value of invoices financed on RXIL’s Trade Receivables Discounting System (TReDS) platform since inception (January 2017) has crossed the ₹3 lakh crore milestone, a company statement said.
RXIL has onboarded 72,000+ MSMEs and 3,400+ corporate buyers since inception, and facilitated the financing of over 1.2 crore invoices, it added.
The TreDS platform enables MSME suppliers to convert their approved receivables into cash without collateral in under 24 hours, through a transparent multi-financier bidding mechanism. RXIL’s promoter institutions are: SIDBI, NSE, State Bank of India, ICICI Bank, and YES Bank.
Manoj Mittal, CMD, SIDBI, and RXIL Chairman, said: “The growing relevance of the TReDS ecosystem underscores its role in addressing MSME working capital needs in a more efficient and transparent manner….As the ecosystem evolves, wider participation from buyers and financiers will be key to unlocking its full potential.”
Published on April 10, 2026
