Question
What was the total value of invoices financed by the
RXIL TReDS platform as of FY24?Solution
The Trade Receivables Discounting System ( TReDS ) platform, the Receivables Exchange of India Ltd (RXIL), has financed over 50 lakh invoices totaling ₹1 lakh crore. The joint venture between SIDBI, NSE, State Bank of India, ICICI Bank, and YES Bank, provides working capital solutions for MSMEs by facilitating invoice financing on the platform. In FY24, RXIL saw monthly invoice financing volumes grow to over ₹6,000 crore. The platform is now targetting financing for ₹75,000 crore worth of invoices in FY25.
In which state of India has the highest mangrove forest cover?
Consider the following statements:
1. The design of the National Flag was adopted by the Constituent Assembly of India on 22 July 1947.
2....
In 1955 government of India took the majority ownership of SBI
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National Bravery Award is given every year by the Prime Minister of India on:
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