Invoice Current Affairs, GK & News

Garden Reach Shipbuilders and Engineers becomes first Defence PSU to be activated on TReDS platform

The Garden Reach Shipbuilders and Engineers Ltd (GRSE) has become the first defence Public Sector Units (PSU) to be activated on the TReDS (Trade Receivable Discounting System) platform. The platform enables discounting of invoices of MSME sellers against large buyers through an auction mechanism, helping prompt realisation of trade receivables at competitive market rates and ..

Topics: Accounts receivable • Bank of Baroda • Business • CNX Nifty • Economy • Invoice • Invoicemart • Receivables