Categories: Bank News

RBI releases Names of Applicants of Trade Receivables Discounting System (TReDS)

The Reserve Bank of India on 25.03.2015 released the names of applicants who have applied for setting up Trade Receivables Discounting System (TReDS). These are:

Sr.No.  Name of the entity

  1. NSE Strategic Investment Corporation Limited (NSIC) and Small Industries Development Bank of India (SIDBI), Mumbai
  2. Trade Receivables Exchange (Group of Banking Professionals), Mumbai
  3. Axis Bank Limited, Mumbai
  4. Mynd Solutions Pvt. Ltd., Gurgaon, Haryana
  5. DICIC Bank of India, Kolkata, West Bengal
  6. NSDL Database Management Limited (NDML), Mumbai
  7. Trade Receivables Exchange (T-REX), Mumbai

It may be recalled that the Reserve Bank of India had invited applications for setting up of and operating the Trade Receivables Discounting System (TReDS). The last date for receiving applications was February 13, 2015 which was extended up to March 9, 2015.

Related article:

Do you know how ‘TReDS’ helps MSME finance?

 

Surendra Naik

Share
Published by
Surendra Naik

Recent Posts

Explained: Disclosures Prescribed by RBI under Basel-III

The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the…

8 hours ago

Disclosure requirement of Banks Listed on a Stock Exchange

In terms of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,…

9 hours ago

Understanding Comments on Profit and Loss Account Items

Many methods and techniques are used in the analysis of financial statements including profit and…

1 day ago

Uttar Pradesh State General Holidays 2025

The Government of Uttar Pradesh vide order No.  870/3-2024-39(2)/2016 dated 17.12.2025 declared following days as…

2 days ago

Disclosure Requirements of Banks to Notes to Accounts,

Financial statement disclosures are non-financial information that appears at the end of a financial statement.…

2 days ago

‘Digital Arrest’ Scam: NPCI alerts UPI users

NPCI warns users about the rising 'Digital Arrest' scam targeting UPI users, in which scammers…

3 days ago