March 29, 2024 13:57 (IST)
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ICICI Bank executes India’s 1st digitised invoice discounting on RXIL

Mumbai, Jan 11 (IBNS): ICICI Bank Ltd, India’s largest private sector bank by consolidated assets, announced that it has successfully executed the country’s first digitised invoice discounting transaction on the “Receivables Exchange of India Limited” (RXIL), India’s first TReDS (Trade Receivables Discounting System) exchange.