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FinancierMynd Solutions to launch Online National Exchange for TReDS
Mumbai, Oct 4 () Gurgaon-based Mynd Solutions will launch Online National Exchange for Receivables over the next three months, its CEO said.
Mynd Solutions has been appointed by RBI to implement ‘TReDS’
A break through step in creating and promoting market place for financial products in India, has been taken by Reserve Bank of India by conceptualizing the idea of set up of exchange for online discounting of Trade receivables.
Axis Bank, 2 others get RBI nod to set up TReDS
The Reserve Board of India (RBI) on Tuesday gave in-principle approval to three applicants to set up and operate Trade Receivables Discounting System (TReDS). The in-principle approvals have been given to
Axis Bank, 2 other entities get RBI nod to set up trade receivables discounting system
Three entities — Axis Bank, Gurgaon-based Mynd Solutions and a joint bid by NSE Strategic Investment Corporation and Small Industries Development Bank of India — have been granted in-principle approval