Search For "treds"
KredX's DTX Platform and Canara Bank Partner to Supercharge Digital Trade
Updated : 9 months, 3 weeks ago IST
Bengaluru (Karnataka) [India], July 22: KredX, India's leading integrated cash flow and supply chain finance platform, today announced a strategic partnership with Canara Bank, one of India's prominent public sector banks. This collaboration aims to significantly broaden the reach of digital
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A New Era for MSMEs: DTX by KredX Signs Pivotal MoU with Ministry of Micro
Updated : 11 months ago IST
Bengaluru (Karnataka) [India], July 2: KredX, India's leading integrated supply chain finance platform, today announced the signing of a significant Memorandum of Understanding (MoU) between the Ministry of Micro, Small & Medium Enterprises (MoMSME), Government of India, and KredX's tech
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KredX's TReDS Platform - DTX and SBI Forge Partnership to Boost Digital Su
Updated : 11 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], June 18: KredX, India's leading integrated cash flow and supply chain finance platform, has announced a strategic partnership with the State Bank of India (SBI). This collaboration aims to expand access to digital trade receivable discounting through its RBI-li
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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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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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To enhance proactive government initiative of TReDs, M1xchange onboards SI
Updated : 3 years, 5 months ago IST
New Delhi [India], December 16 (ANI/PNN): Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing, and development of Micro, Small, and Medium Enterprises (MSME) has partnered with M1xchangeas the financier. This move is exp
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M1xchange offers 'Small to Small Factoring' in partnership with YES BANK a
Updated : 3 years, 10 months ago IST
New Delhi [India], August 4 (ANI/PNN): M1xchange, India's first and leading TReDS platform, in partnership with YES BANK and RBL Bank, announced today that it had started testing of 'Small-Small Factoring' product under the Reserve Bank of India's (RBI's) third cohort of the regulatory sandb
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Jana Small Finance Bank ties up with all three TReDS platforms
Updated : 4 years, 6 months ago IST
Bengaluru (Karnataka) [India], November 11 (ANI/PRNewswire): Jana Small Finance Bank has taken a significant step in easing the flow of liquidity to its MSME customers by tying up with all the three existing TReDS platforms, namely M1xchange, RXIL, and A.TReDS.
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Govt asked Central Public Sector Enterprises, firms with Rs 500 cr turnove
Updated : 4 years, 10 months ago IST
New Delhi [India], August 2 (ANI): The Government of India has instructed Central Public Sector Enterprises and all companies with a turnover of Rs 500 crore or more to get themselves on-boarded on TReDS, the Centre informed the Lok Sabha on Monday.
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RXIL digitizes its MSME onboarding using Jocata GRID, trade receivables ex
Updated : 6 years, 3 months ago IST
Hyderabad (Telangana) [India], Mar 2 (ANI/NewsVoir): Receivables Exchange of India (RXIL) - country's first trade receivables exchange platform (TReDS) has implemented Jocata's proprietary platform Jocata GRID to enable digital onboarding for MSMEs.
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Budget 2019-20: Six months' partial credit guarantee proposed for PSBs
Updated : 6 years, 11 months ago IST
New Delhi [India], July 5 (ANI): Finance Minister Nirmala Sitharaman on Friday said the government has proposed to provide a one-time six-month partial credit guarantee to public sector banks (PSBs) for first loss of up to 10 per cent.
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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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