Tag: Mynd Solutions

RBI may revamp agriculture & MSE lending to spur employment

RBI’s trade receivables system to help MSME sector

While the government is prodding the micro, small and medium enterprise (MSME) sector to drive the economy to its next phase of growth and job creation, the entire sector is grappling with challenges of getting their payments on time. Big corporates, which usually source a part of their products …

Mynd Solutions to launch Online National Exchange for TReDS

Gurgaon-based Mynd Solutions will launch Online National Exchange for Receivables over the next three months, its CEO said. “We have received Reserve Bank of India’s (RBI) in-principle approval to implement ‘TReDS’ (Trade Receivables Discounting System). We have created M1…