The Reserve Bank of India has published draft Directions for the Trade Receivables Discounting System (TReDS), aiming to rationalise and harmonise the existing guidance governing TReDS platforms that facilitate financing of trade receivables of micro, small and medium enterprise sellers. The draft follows a comprehensive review flagged in the Statement on Developmental and Regulatory Policies. Feedback can be submitted by regulated entities, the public and other stakeholders on or before May 01, 2026 via the ‘Connect 2 Regulate’ section of the RBI website.
Reserve Bank of India 2026-04-08
Reserve Bank of India consults on draft Directions to rationalise Trade Receivables Discounting System rules
The Reserve Bank of India has issued draft Directions for the Trade Receivables Discounting System to rationalise and harmonise existing guidance for platforms that facilitate financing of trade receivables of micro, small and medium enterprise sellers. The draft follows a comprehensive review announced in the Statement on Developmental and Regulatory Policies.