Search For "trade receivables discounting system"
Invoicemart Clocks Rs 100,000 Crores of MSME Invoice Financing
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra) [India], March 26: Invoicemart, India's largest Trade Receivables Discounting System (TReDS) platform, announced that it has successfully enabled MSME Invoice Financing of Rs 1 lakh crores, making it the 1st TReDS platform to reach this level and establish itself as the
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Interim Budget: FICCI advocates measures in comprehensive budget recommend
Updated : 2 years, 4 months ago IST
The proposals span a spectrum of sectors, ranging from public investments to support for micro, small, and medium-sized enterprises (MSMEs), innovation, taxation, and the burgeoning start-up ecosystem.
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RBI imposes penalty on Mynd Solutions over non-compliance of guidelines
Updated : 3 years, 5 months ago IST
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1,390,000 on Mynd Solutions Private Limited (the entity) for not complying with the Guidelines on Trade Receivables Discounting System (TReDS).
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NTPC and PNB execute first PSU TReDS transaction on M1xchange
Updated : 7 years, 7 months ago IST
New Delhi [India], Oct 23 (NewsVoir): In a significant development, M1xchange, one of the foremost exchanges dealing in Trade Receivables Discounting System(TReDS), has started transacting with NTPC limited, a Maharatna CPSU.
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Indian Overseas Bank participates in TReDS platform
Updated : 8 years, 3 months ago IST
Chennai (Tamil Nadu) [India], Feb 16 (ANI): Indian Overseas Bank on Thursday entered into Trade Receivables Discounting System (TReDS) platform, provided by Receivables Exchange of India Limited (RXIL), to accelerate the credit flow to MSME sector.
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