Receivables Exchange of India Ltd declares maiden dividend of 21.6%

Receivables Exchange of India Ltd (RXIL), a Trade Receivables Discounting System (TReDS) platform promoted by SIDBI and National Stock Exchange of India, along with State Bank of India, ICICI Bank and Yes Bank, has declared and paid an interim dividend of 21.6% on its shares of Rs 10 face value.“The dividend declaration positions RXIL as the first TReDS platform in the country to return capital to its stakeholders, reflecting the maturity, resilience, and financial sustainability of a market infrastructure ...