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RBI Nod for "In-Principle" Approval to Set-up New TReDS under PSS Act 2007 - (25 Nov 2015)

RBI has given in-principle approval to NSE Strategic Investment Corporation Ltd and Small Industries Development Bank of India, Axis Bank and Mynd Solutions Pvt Ltd, to set up and operate new Trade Receivables Discounting System (TReDS) to be formed under Payment and Settle System (PSS) Act 2007.

Tags : RBI   TREDS  

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