India’s factors still see potential in TReDS bill discounting platforms


The Indian state finance corporation, NITI Aayog, said in its recent report on digital banking that the Trade Receivables Discounting System (TReDs) launched by the Reserve Bank of India (RBI) in 2017 is so far failing to succeed. “The bill of discounting platforms have failed to take off and create meaningful volumes on invoice discounting,” the report, proposing licensing and regulatory framework for digital banks, says.



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