Which entities' transactions are facilitated by the electronic platform known as 'TReDS'?
MSMEs
2023 February
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3.5/5 |
An electronic platform called the Trade Receivable Discounting System makes it easier for MSMEs to finance, discount, trade, and settle their invoices. The Reserve Bank of India (RBI) has made the decision to add the use of insurance facilities to the TReDS's expanded scope. On the TReDS, this will make secondary market operations easier.