PSB Xchange Onboards RR Kabel for Structured Dealer Financing Program
PSB Xchange, described as India's unified working capital finance platform, has onboarded RR Kabel, a prominent manufacturer of high-quality wires and cables, to facilitate a Dealer Financing Program on its digital platform. This move aims to bolster liquidity within RR Kabel's distribution network by providing its dealer network with structured working capital access through a standardized, digital financing infrastructure.RR Kabel is recognized for manufacturing safe, durable, and technologically advanced electrical wiring solutions suitable for residential, commercial, and industrial applications. The company maintains a strong market presence and carries an AA- rating, directing its focus towards strengthening its channel ecosystem through improved access to institutional credit.
Through participation on PSB Xchange, RR Kabel will facilitate structured working capital financing for its dealers. This is anticipated to support improved liquidity, quicker credit access, and more efficient working capital cycles across its entire distribution value chain. Dealers utilizing the platform will be able to access financing seamlessly from participating lenders via the unified digital infrastructure.
Building a Scalable Ecosystem for Finance
PSB Xchange operates as a collaborative ecosystem, connecting corporates, fintech partners, and lenders through a unified digital infrastructure. The platform supports standardized onboarding, program discovery, and seamless integration between originators and lenders, establishing a scalable foundation for working capital financing programs across multiple industries.By onboarding RR Kabel, PSB Xchange expands its corporate ecosystem, simultaneously enabling lenders to find structured dealer financing opportunities through a single infrastructure layer. This method reduces fragmentation within the ecosystem and allows for the faster deployment of financing programs at scale.
Enhancing Dealer Liquidity and Credit Access
The initiative supports the wider objective of expanding formal credit access across large corporate ecosystems. By embedding financing directly within corporate distribution networks, PSB Xchange enables lenders to underwrite dealers based on transaction-level visibility and anchor relationships. This process is expected to improve credit quality while accelerating disbursement timelines.This mechanism enhances transparency, decreases operational friction, and improves working capital efficiency throughout the financing lifecycle. For RR Kabel, the program is expected to strengthen dealer liquidity, improve inventory cycles, and support business expansion across different markets.
Digital Working Capital Infrastructure Adoption
PSB Xchange continues its expansion by onboarding more lenders, corporates, and ecosystem partners. The platform is designed for scalability across industries, allowing corporates to connect with a ready network of lenders while offering dealers access to structured working capital solutions.This collaborative model facilitates faster program launches, decreases integration complexity, and boosts overall efficiency in credit delivery. As participation grows within the ecosystem, PSB Xchange is positioned to accelerate the adoption of digital working capital financing across sectors.
The onboarding of RR Kabel marks another milestone toward building a scalable, multi-participant working capital infrastructure. As adoption broadens across industries, PSB Xchange aims to enable faster program deployment, improve liquidity access for dealers and MSMEs, and boost broader participation from lenders across the entire ecosystem.
Company Profiles
About RR KabelRR Kabel is a leading Indian manufacturer of high-quality wires and cables, known for producing safe, durable, and technologically advanced electrical wiring solutions for residential, commercial, and industrial applications. The company maintains strong credit quality with an AA- rating and continues to expand its market presence through innovation, quality, and channel-led growth.
About PSB Xchange
PSB Xchange is a unified, multi-lender, multi-participant digital working capital ecosystem. The platform connects banks, NBFCs, fintechs, corporates, and MSMEs to enable standardized onboarding, program discovery, and execution of working capital and supply chain finance programs through a shared digital infrastructure.
Stock Price Movement
As of 11:24 AM, Veefin Solutions Ltd shares are ticking up to ₹290.25, reflecting a gain of 2.53%. The stock has traded today between an intraday low of ₹283.35 and a high of ₹291.65.Source:
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