TReDS is an online electronic institutional mechanism for facilitating the financing of trade receivables of MSMEs through multiple financiers. The TReDS Platform will enable...
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Receivables Exchange of India Ltd (RXIL), is a joint venture promoted by Small Industries Development Bank of India (SIDBI), the apex financial institution for promotion.
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To be an integrated provider of financing platform par excellence benchmarked with global best for supporting the growth and development of Micro. Small and Medium enterprises for their inclusive...
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The TReDS platform offers solutions for mitigating the issues faced by MSMEs. I am confident that all PSUs will actively participate in the TReDS platform for augmented growth, in line with the GOI objective of transparency and ease of doing business
MSMEs are critical engines of growth for the economy. HAL's commitment to the segment, demonstrated by its participation in the transformational TReDS initiative in partnership with RXIL, is indeed commendable.
MSMEs are engines of growth and employment generation in the country. To further their cause, we are proud to be among the key shareholders of RXIL, India’s First TReDS Exchange, to provide digital and convenient access for trade receivables financing for MSME suppliers. I believe that this initiative, conceptualised by the Govt. of India and RBI, will go a long way to meet the objective of providing immediate access to cash against MSME trade receivables based on Buyers credit rating at much lower rates. I wish RXIL all the very best for its endeavors and envision that it will play an active role in helping growth of MSMEs. SBI being the largest PSU bank, is committed to the growth of RXIL TReDS Exchange
