TReDS

Finances 2024: An enormous push for MSMEs

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The Union Finances has given a leg-up to MSMEs (micro, small and medium enterprises) by way of proposals to introduce a credit score assure scheme for facilitating time period loans for buy of equipment and gear with out collateral or third-party assure and a assure from a government-promoted fund to supply credit score help throughout … Read more

M1xchange units sights on doubling enterprise volumes subsequent fiscal too

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Driving on an upswing in each giant corporates and MSMEs adoption, TReDS platform M1xchange, a digital bill discounting platform for MSMEs, is aiming at doubling its enterprise volumes to about ₹90,000 crore in 2024-25, Sundeep Mohindru, Chief Government, Mynd Options, has mentioned. This RBI-licenced platform, which has been on a roll lately, is heading in … Read more