Category : Business
The Receivables Exchange of India (RXIL) announced that Hindustan Aeronautics (HAL) has become the first public sector enterprise to make a transaction on the "TReDS platform". According to the NSE-SIDBI joint venture, TReDS is an online electronic institutional mechanism for facilitating the financing of trade receivables of micro, small and medium enterprises (MSME) through multiple financiers. |
Source- Business Standard |
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