Updates
Deposit of one time Registration fees for PRMBS 26/06/2020     | Metal E-auction Notice dtd 19.06.2020 ( Click here ) 19/06/2020     | Last Date for Submission of Online Recruitment Application for Graduate Engineer Trainees 03/06/2020     | Last Date For Receipt of Hardcopies of Recruitment Application for Management Trainee(Finance) And Asst. Manager(Finance) 03/06/2020     | Covid Mailer from Ministry 06/05/2020     | Further Extension of Last Date for Submission of Online Recruitment Application for Graduate Engineers 02/05/2020     | Further Extension of Last Date for Receipt of Hardcopies of Recruitment Application for Management Trainee(Finance) And Asst. Manager(Finance) 02/05/2020     | Integrated Govt. Online Training ( iGOT) courses on DIKSHA platform on Covid 19 pandemic 22/04/2020     | Circular: Integrated Govt. Online Training (iGOT) courses on DIKSHA platform on COVID-19 pandemic 22/04/2020     | EOI – for SUPPLY, INSTALLATION, OPERATION AND MAINTENANCE OF GPS & GPRS BASED INTEGRATED RAKE TRACKING SYSTEM IN CAPTIVE POWER PLANT, ANGUL, ODISHA 11/04/2020     | EXTENSION OF LAST DATE FOR RECEIPT OF HARDCOPIES OF RECRUITMENT APPLICATION FOR MANAGEMENT TRAINEE(FINANCE) AND ASST. MANAGER(FINANCE) 09/04/2020     | EXTENSION OF LAST DATE FOR SUBMISSION OF ONLINE RECRUITMENT APPLICATION FOR GRADUATE ENGINEERS 09/04/2020     | Advertisement of PESB for the post of Director(Commercial) 18/03/2020     | The corrigendum against the Advt. no 10200101 13/03/2020     | Recruitment of Finance Executives 19/02/2020     | Joint Venture agreement for Khanij Bidesh India Ltd. (KABIL) signed in presence of Hon’ble Minister of Mines Shri Pralhad Joshi by NALCO, HCL and MECL under Ministry of Mines, GoI. 01/08/2019     | Revision of PRMBS contribution for 2019-2020 02/04/2019     | Call for vendor registration from SC/ST entrepreneurs 24/01/2019     | Information about common knowledge Management portal for CPSEs 10/08/2018     | Public Information 26/01/2018     |
print page icon

TReDS

Registration of MSEs in Trade Receivable Discounting System (TReDS)

The scheme for setting up and operating the institutional mechanism for facilitating the financing of trade receivables of MSMEs from corporate and other buyers, including Government Departments and Public Sector Undertakings (PSUs), through multiple financiers is known as Trade Receivables Discounting System (TReDS). This platform operates as per the TReDs guidelines issued by Reserve Bank of India.

Salient Features of TReDS

  • Unified platform for Sellers, Buyers and Financiers
  • Eliminates Paper
  • Easy Access to Funds
  • Transact Online
  • Competitive Discount Rates
  • Seamless Data Flow
  • Standardised Practices

Benefits for sellers (MSEs)

  • Best discount rate due to participation of Multiple Financiers in auction.
  • Efficient capital deployment
  • Timely receipt of funds
  • Cost & paperwork reduction
  • Helpful in Business growth due to improved liquidity
  • Increased Transparency

National Aluminium Company Limited (NALCO) is registered with TREDS platform of Receivables Exchange of India Ltd (RXIL), a joint venture by SIDBI & NSE.

MSEs are required to register themselves in RXIL to avail the benefits of TReDS.
Website Address for registration: https://www.rxil.in