Supreme Court: Banks Cannot Invoke IBC Against Debtors For Builder-Linked Loans  ||  Supreme Court: Non-Disclosure of Failed Candidates’ Marks Does Not Imply They Passed Exams  ||  Supreme Court: Murder Accused Cannot Inherit Property of the Person Allegedly Killed  ||  Supreme Court: Delay in Deposit Does Not Automatically Cancel Contracts under Specific Relief Act  ||  SC: Railways is Treated as a Consumer under the Electricity Act, Not a Distribution Licensee  ||  Bom HC: Genuine Residents Cannot be Denied Relief Due to Aadhaar Deactivation or Biometric Mismatch  ||  Punjab & Haryana High Court: Raid on Rajinder Gupta’s Factory Soon After He Joined BJP From AAP  ||  Madhya Pradesh HC: Delay Can Be Condoned under Limitation Act Where Statute Has No Express Bar  ||  Cal HC Upholds PILs on Great Nicobar Project, Noting Alleged FRA Violations and Tribal Vulnerability  ||  Calcutta HC: Vodafone Idea Must Obtain Copyright Society Licence to Use Songs as Caller Tunes    

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  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved