RBI-Backed TReDS Witnesses Rapid Growth Momentum

31 Jan 2024 CW Team

The Reserve Bank of India (RBI)-endorsed TReDS (Trade Receivables Discounting System) has gained significant traction, registering rapid growth following an initially slow uptake. TReDS is a digital platform designed to facilitate the financing of trade receivables for MSMEs (Micro, Small, and Medium Enterprises).

The platform, supported by the RBI, has overcome its initial challenges and is now witnessing a surge in adoption. TReDS plays a crucial role in easing the cash flow for MSMEs by allowing them to discount their trade receivables, providing them with access to funds to meet their working capital requirements.

The increased momentum of TReDS is indicative of its growing acceptance within the business community. As more businesses recognize the benefits of a streamlined and digitalized receivables financing process, the platform's user base is expanding rapidly.

The success of TReDS aligns with the broader push towards digitalization in financial services, fostering efficiency and transparency. The platform's ability to accelerate cash flows and enhance financial liquidity for MSMEs contributes to their overall economic resilience.

In conclusion, the RBI-backed TReDS platform has overcome initial challenges to emerge as a vital tool for MSMEs, providing them with a robust mechanism for managing trade receivables and ensuring smoother financial operations.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..