RBI “in-principle” approval for Trade Receivables Discounting System (TReDS)
Date : Nov 24, 2015 RBI grants “in-principle” approval to three applicants for setting up Trade Receivables Discounting System (TReDS) In the Union Budget for 2015-16 the Honourable Union Finance Minister had highlighted the need for and use of TReDS for improving flow of funds to MSME sector by reducing the receivables realisation cycles. TReDS… Read More »