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FinancierM1xchange looks to double its business in FY24
M1xchange, one of the three Reserve Bank of India (RBI) recognised online invoice discounting and financing platforms, is eyeing nearly Rs 45,000 crore in throughput value in the current financial year…..
Haryana signs memorandum of agreements with RBI to boost MSME sector
While presiding a meeting at Chandigarh in which Dushyant Chautala Deputy Chief Minister, State Employment Minister Anup Dhanak and Additional Chief Secretary Anand Mohan Sharan were also present, Haryana CM Manohar…..
TReDS platforms in India thrive with a remarkable 70% transaction surge
The Trade Receivables Discounting System platforms, introduced by RBI to address MSME liquidity challenges, are thriving in India, with both transaction values and throughput witnessing significant…
ट्रेड्स ने डेयरी व्यवसाय के तीव्र विकास में मदद की
एमएसएमई को किए जाने वाले भुगतान में विलंब होना एक बहस का विषय है, जिस पर हाल ही में भारतीय संसद में एक लंबी बहस हुई, क्योंकि एमएसएमई समाधान पोर्टल के अनुसार सरकारी उद्यमों के खिलाफ भुगतान में विलंब के….
Boost for MSMEs in Northern India as TREDS Gains immense Popularity
In terms of GDP, the Northern region has continuously surpassed India’s national average, accounting for around 30 percent of the national GDP, and TREDS has gained popularity, contributing to India’s….
बैंक वित्तपोषण मैं ट्रेड्स अधिक कुशल – डिक्सन टेक्नॉलॉजी
बैंकिंग क्षेत्र का रुप दिनभीदिन बदल रहा है वित्तीय क्षेत्र के डिजिटलीकरण के साथ, नकदी – आधारित और कागज- आधारित बैंकिंग को नगदी रहित और कागज रहित लेनदेनद्वारा प्रतिस्थापित किया जा रहा है आईबीईएफ…..
MSMEs and Large Corporates will enhance Working Capital by M1xchange
Udaipur : Large numberof MSMEsare benefitting from the introduction of collateral-free special products known as “TReDS” by M1xchange, India’s leading trade receivables discounting system (TReDS)….
TREDS to improve the flow of working capital
MSME industry is the one of the economy, with 40% of national employment, accounting for 30% of the country’s GDP, 48% of total exports, and 40% of total workforce employment. Despite these….
ET MSME Regional Summit in Hyderabad: Stakeholders outline a roadmap to empower Telangana’s MSME ecosystem, address key challenges and opportunities
The Hyderabad edition of the ET Make in India – MSME Regional Summit brought together local MSME leaders, entrepreneurs, and policymakers to discuss developments in the state’s burgeoning MSME……
TReDS platforms enter discussions with insurers post RBI nod
However, tech integration, caution, pilot projects, and NACH development for debit and credit transactions slow down roll-out of TReDS-insurer integration…