More non-banks, MSMEs likely to tap TReDS platform - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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More non-banks, MSMEs likely to tap TReDS platform

Trade Receivables and Discounting System (TReDS) is an electronic bill discounting platform regulated by RBI and endorsed by the central government to provide MSME 'suppliers' of corporate 'buyers' instant payments for future receivables to prevent delay in payouts for cash-strapped small businesses.

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