Tag: Trade Receivables Discounting System
MSME rules next month, focus on global value chains
New Delhi: The ministry of micro, small and medium enterprises (MSME) plans to notify rules next month to put new legal provisions for small businesses…
Govt mandates TReDS for CPSE-MSME payments to tackle delayed dues
New Delhi: The government has notified the mandatory use of the Trade Receivables Discounting System (TReDS) by all operating Central Public Sector Enterprises for the…
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…
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…
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…