The Reserve Bank of India (RBI) Governor Shaktikanta Das stated the central bank would broaden the application of the Trade Receivables Discounting System (TReDS) to enhance the cash flows for MSMEs in his presentation of the Monetary Policy Committee report on Wednesday.

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RBI to expand application of TReDS to help MSMEs
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RBI to expand application of TReDS to help MSMEs

RBI would broaden the application of the Trade Receivables Discounting System (TReDS) to enhance the cash flows for MSMEs.
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