RBI pushes interoperability in TReDS to avoid monopoly
The Reserve Bank of India is pushing for interoperability in the Trade Receivables e-Discounting System (TReDS) to ensure that business on the platform does not
The Reserve Bank of India is pushing for interoperability in the Trade Receivables e-Discounting System (TReDS) to ensure that business on the platform does not concentrate among just two or three entities, like what was seen on UPI, three people in the know said.“The conversations with industry participants have already happened, the process note has also been shared, so there is a fair understanding how the system will work, implementation
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