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TReDS Working
What does TReDS stand for?
TReDS stands for Trade Receivables Discounting System, an electronic platform for facilitating the financing of trade receivables of Micro, Small and Medium Enterprises (MSMEs) through multiple financiers.
What is the minimum invoice amount eligible for discounting on TReDS?
No minimum amount is prescribed by RBI for TReDS.
Which regulatory body governs TReDS platforms in India?
The Reserve Bank of India (RBI) governs and regulates TReDS platforms under the Payment and Settlement Systems Act, 2007.
Who bears the credit risk in a TReDS transaction after the bid is accepted?
The financier bears the credit risk on the buyer.
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