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 ISTRBI 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