Mumbai, Dec. 24 -- Bank of India has entered into a strategic partnership with C2treds, a subsidiary of global working capital solutions provider C2FO, to strengthen digital receivable financing for MSMEs through the Trade Receivables Discounting System (TReDS).

Focus on Improving MSME Liquidity

The collaboration is aimed at easing liquidity constraints faced by MSMEs by enabling seamless, technology-driven receivables financing on the TReDS platform.

By onboarding on C2treds, Bank of India seeks to enhance access to timely working capital for small businesses and improve cash flow efficiency across supply chains.

MoU Signing and Key Participants

The memorandum of understanding (MoU) was signed by Ravi Shankar, General Manager (DLD),...