Economic Times18 sa önceBusiness1 dk okumaIndia
RBI Pushes for Interoperability in Trade Receivables e-Discounting System
En resumen
- The Reserve Bank of India is advocating for interoperability within the Trade Receivables e-Discounting System (TReDS).
- This initiative aims to prevent business concentration among a few entities, drawing parallels to early issues on the UPI platform.
- Industry discussions and a process note have been shared.
Resumen generado por IA
Por qué importa
The Reserve Bank of India is seeking to improve the Trade Receivables e-Discounting System (TReDS) by promoting interoperability. This is to avoid business concentration on the platform among a few entities, similar to issues seen with UPI.
Tamaño de fuente
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
Preguntas abiertas
- When will implementation be completed?
- What specific measures will ensure interoperability?
Temas relacionados
This article was originally published by Economic Times.
