trade finance: RXIL Global to help MSMEs get early payment on export invoices through ITFS
MSMEs dont have deep pockets and so often find themselves in trouble when it comes to realising payments for exports. But a trade platform offers them a way to discount their invoices and get cash in hand almost immediately.
Ketan Gaikwad Indian Msmes Small Industries Development Bank International Trade Finance Service Receivables Exchange Of India National Stock Exchange
Source: indiatimes.com