Tag: Trade Receivables Discounting System

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Posted in Economy

RBI to simplify onboarding process for MSMEs on TReDS

Mumbai, The Reserve Bank on Wednesday proposed to drop the due diligence requirement for MSMEs to onboard TReDS platforms to promote ease of doing business…

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CII’s 20-Point Policy Agenda calls for coordinated fiscal, financial and trade response to West Asia crisis

Confederation of Indian Industry (CII) has commended the Government of India and the Reserve Bank of India (RBI) for a series of timely, well-calibrated and…

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Posted in Economy

Bank-NBFC co-lending pacts may be expanded to aid MSMEs

New Delhi: A parliamentary standing committee on finance has recommended expanding structured co-lending arrangements between banks and non-banking financial companies to bridge a $530-billion formal…

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