Trade Receivables Discounting System

TreDs expected to roll out later this fiscal: Rajan

Reserve Bank of India Governor Ragharam Rajan on Monday said the Trade Receivables Discounting System (TReDS) is expected to roll out later this fiscal while the Bharat Bill Payments System (BBPS) will be launched shortly.

Jul 18, 2016, 21:41 PM IST

RBI issues draft guidelines to facilitate financing to MSMEs

In order to facilitate financing to MSMEs and to help them convert trade receivables into liquid funds, Reserve Bank today issued draft guidelines for setting up of and operating a Trade Receivables Discounting System (TReDS).

Jul 22, 2014, 23:37 PM IST