Comments
Union Bank of India has entered into a tie-up with A.TReDS for discounting invoices of MSMEs on the latter’s ‘TReDS’ digital platform, ‘invoicemart.com’.
Trade Receivable Discounting System (TReDS) is a digital platform to help MSMEs get their trade receivables financed at competitive rates through auction mechanism, where multiple financiers can bid on invoices accepted by PSUs / corporate buyers.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.