Current Affairs - Business - Discussion

RXIL achieved a significant milestone by becoming the first Trade Receivables Discounting System (TReDS) platform in India to declare and pay a dividend. The company announced a 21.6% interim dividend, reflecting its financial maturity and long-term sustainability. Promoted by major institutions such as SIDBI, NSE, SBI, ICICI Bank, and Yes Bank, RXIL has played a key role in addressing liquidity challenges faced by MSMEs since its inception in 2016. By facilitating financing worth over ₹2.6 lakh crore across one crore invoices, it has supported more than 57,000 MSMEs with timely access to working capital.