Regulators Archive

RXIL-Receivable Exchange of India Limited

Receivable Exchange of India Limited (RXIL) is the first Trade Receivables Discounting System (TReDS) that became operational in India.  Receivable Exchange of India Limited began its operation on January 9, 2017. TReDS is an automated system driven

National Payments Corporation of India (NPCI)

National Payments Corporation of India (NPCI) is an organisation promoted by ten banks with the objective of stimulating and integrating digital payment system in India.  The Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) extend