New Delhi, July 3 -- Amid crippled economy due to COVID-19 pandemic, finally Micro, Small and Medium Enterprises (MSMEs) got a chance to cheers as Department of Financial Services (DFS) has exempted the sector from the charges and fees registration on all the three platforms of Trade Receivables Discounting System (TReDS).
The three TReDS platforms are M1xchange, RXIL, and A.TReDS.
''As per the confirmation received from DFS, the charges and fees registration on all the three TREDS platforms have been exempted for MSMEs. Accordingly, MSMEs may be encouraged to register on these platforms,'' a person aware of the development told KNN India.
In last month June, M1xchange too had announced to offer free registration to MSMEs on TReDS pla...