
TReDS platform adoption remains sluggish due to PSU reluctance, legal ambiguities, and digital hurdles for MSMEs. Despite a 61% YoY…
The company on Thursday said it has received the final approval from the central bank to commercially launch its invoice…
Among the RBI-licensed operators of the invoice discounting system TReDS, M1xchange said it onboarded over 200 new corporates and 10,000…
The Deputy Governor noted that TReDS addresses the credit gap of MSMEs estimated at around Rs 52.2 trillion (Rs 52…
“The onboarding process on the Trade Receivables Discounting System platforms shall be completed by 31st March, 2025,” the MSME Ministry…
In FY24, 41.6 lakh invoices amounting to Rs 1.38 crore were financed in comparison to 25.6 lakh invoices involving Rs…
While the government has put statutory provisions which entail penalties for delayed payments by buyers, the deputy governor said MSMEs…
Looking at the five-year data till FY24, invoice financing on TReDS has jumped 766 per cent from 4.8 lakh invoices…
The minister enhanced the limit for loans under the government’s Mudra scheme to Rs 20 lakh from Rs 10 lakh…
DBS Bank India will leverage alternative trade lending data from RXIL to underwrite financing to MSME suppliers and support their…
According to the details from the MSME Ministry’s dashboard as of May 2, 2024, 5,871 companies having turnover of more…
C2FO’s wholly-owned subsidiary C2FO Factoring Solutions had received the final approval from the Reserve Bank of India in March 2024…
Through various means such as TReDS, more credit schemes and enhanced fund allocation to existing schemes, MSME stakeholders have urged…
The number of registered MSME sellers increased by nearly 51 per cent during FY23, while the number of buyers (corporates/other…
Inaugurating a workshop on leveraging TReDS (Trade Receivables Discounting Electronic System) organised by the Department of Industries and Commerce (DI&C)…
The facility has digital credit analytics, which is enabled through a credit analytics engine (CAE) that leverages data available from…
Out of the Rs 25 lakh crore credit gap in the MSME sector as of 2018, the invoice discounting market…
Credit and finance for MSMEs: Currently, financiers such as banks, NBFCs, and others bid on the invoice at discounted rates…