Central Bank of India partnered with KredX Platform for TReDS Business
This collaboration marks a significant step toward improving liquidity and financial inclusion for small and medium enterprises.
Central Bank of India partnered with KredX Platform for TReDS Business
Mumbai, 25 August 2025:Public sector lender Central Bank of India has announced a strategic partnership with KredX, India’s leading supply chain finance platform, to facilitate Trade Receivables Discounting System (TReDS) services for MSMEs across the country.
This collaboration marks a significant step toward improving liquidity and financial inclusion for small and medium enterprises.
KredX is India’s leading integrated supply chain finance platform and among the very few entities licensed by both the Reserve Bank of India (RBI) and the International Financial Services Centre Authority (IFSCA).
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Under this partnership, Central Bank of India will leverage KredX’s newly licensed TReDS platform, branded as DTX (Domestic Trade Exchange), to offer seamless invoice discounting services. The move aligns with the Reserve Bank of India’s push to expand digital financing avenues for MSMEs and promote transparent, efficient trade receivables management.
Shares of Central Bank of India are trading down by 0.61% at Rs 35.60 at BSE.
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