M1xchange Deepens Kerala Footprint to Enhance Digital Working Capital Access for MSMEs
M1xchange, India’s RBI-licensed Trade Receivables Discounting System (TReDS) platform, is enhancing its presence in Kerala as it looks to accelerate the adoption of digital invoice financing among the state’s MSMEs.
Central PSUs to now pay MSME vendors only via approved TReDS
The Centre has operationalized an FY27 Budget proposal by making TReDS-based payments mandatory for central public sector enterprises buying from MSMEs. The move seeks to improve cash flows for small businesses and make government-owned firms ‘role models’ for payment discipline.