Regulatory Update: ₹250 Crore Turnover Mandate for Corporate TReDS Enrollment
4 weeks ago
ID: #1005866
Listed In : Business & Services Finance and Banking
Business Description
A new regulatory update mandates that corporates with a turnover of ₹250 crore or more must enroll on TReDS (Trade Receivables Discounting System). This move aims to enhance financial inclusion by providing mid-sized businesses with better access to working capital through platforms like M1xchange TReDS. The update fosters liquidity, improves cash flow, and strengthens supplier relationships, benefiting MSMEs and creating a more transparent and efficient financial environment for businesses across India.Learn more: https://www.m1xchange.com/treds-budget-mandate/