Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capital

Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capital



Bengaluru: Invoice discounting platforms regulated by the Reserve Bank of India (RBI) recorded a jump in financing activity this festive season, as small and medium businesses turned to them to fund inventory purchases and other working capital needs.The five platforms operating under the Trade Receivables Discounting System (TReDS) financed invoices worth Rs 75,788 crore in August and September, a 36% increase from Rs 55,549 crore in the same



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