Correct Answer : Option (A) - MSMEs
Receivables Exchange of India (RXIL) is the invoice discounting platform for MSMEs. It is a TReDS (Trade Receivables Discounting System) Exchange Platform accredited by the RBI.
RXIL recently announced that it has discounted receivables of Rs 1,000 crores in a month. The platform has over 7000 registered MSMEs and have processed over 5,00,000 invoices, since its launch in 2017.