TReDS

Supply chain platform KredX secures RBI's approval to launch TReDS platform

KredX's DTX is the fifth platform to receive the banking regulator's nod to operate TReDS

Updated On: 09 Jan 2025 | 6:26 PM IST

RBI's 'TReDS' platform bridging $600 bn funding gap for smaller firms

Trade Receivables Discounting System (TReDS) introduced about a decade ago by the Reserve Bank of India has seen the engineering company's cost of funds drop by 2.5 percentage points

Updated On: 22 Oct 2024 | 7:04 PM IST

Centre directs 36% of defaulter CPSEs to join TReDS platform

The number of CPSEs registered on the RXIL platform is 110, whereas more than 50 CPSEs have registered on the M1xchange

Updated On: 27 Oct 2022 | 11:32 PM IST

Govt removes criteria for CPSEs to improve share price over sectoral index

Among other key criteria, the MoU has now assigned 2 marks out of 100 for procurement from GeM portal as percentage of total procurement

Updated On: 13 Oct 2022 | 11:23 PM IST

Four platforms get IFSCA licence for factoring business at Gift City

These in-principle licences were issued by the IFSCA last Friday to start working through sandbox facilities before formal business

Updated On: 05 Oct 2021 | 2:22 PM IST

Explained: How push for factoring could benefit the MSME sector

In simple terms, factoring is acquiring bills receivables from MSMEs and releasing money, or giving short-term loans, against these bills to the MSMEs

Updated On: 30 Jul 2021 | 6:02 AM IST

Budget's much-needed leg-up for small units: CRISIL SME Tracker

An evaluation of 13,000 MSMEs using the CRISIL Quantix database shows that working capital comprises over half of their need for debt

Updated On: 03 Feb 2020 | 11:27 PM IST

TReDS: How the system meant to help MSMEs get capital works

The RBI has allowed three players to launch the Trade Receivables Discounting System

Updated On: 14 Apr 2017 | 12:33 AM IST