Invoice discounting increased strongly on Indian TReDS during Covid


It was only during the Covid pandemic that TReDS saw an increased interest from corporates and MSMEs. Hit hard by Covid, MSMEs were turning to Trade Receivables Discounting System (TReDS) - the Reserve Bank of India regulated online invoice discounting platform - to cover their working capital needs.

By 31st May 2021, the three TReDS platforms (RXIL, M1xchange and Invoicemart) have managed together to discount bills worth INR 39,000 crores (US$5.3bn).


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Posted on Jun 14, 2021
Region: India
invoice discounting, TReDS
invoice discounting, TReDS