The trade receivables discounting system (TReDS) is helping Indian MSMEs address delayed payments by allowing them to sell unpaid invoices to financiers at a discounted rate. This has provided much-needed cash flow and reduced financing costs, bridging the credit gap and enabling reinvestment and growth.from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mMIRFSw
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