RBI Grade BNABARD ESISEBI
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Context:
“RBI MPC Unpacked: Key Theory Meets Today’s Macro Trends”Tap to play · from the C4S channel
KredX, India’s leading integrated supply chain finance platform, has partnered with public sector lender Canara Bank to expand access to formal digital trade finance via its RBI-licensed TReDS platform — DTX (Domestic Trade Exchange).
Key Highlights:
- Bridging MSME Credit Gap:
- The partnership aims to address India’s massive ₹30 lakh crore MSME credit gap by offering collateral-free, low-cost working capital through receivable discounting.
- DTX Platform Advantages:
- RBI-approved platform under the TReDS (Trade Receivables Discounting System) framework.
- Enables real-time bidding on trade receivables by financiers.
- Offers seamless onboarding, intuitive UX, and intelligent automation.
- Canara Bank’s Role:
- Leverages its nationwide reach (9,500+ branches) and PSU reputation.
- Enhances financing capacity for MSMEs and supply chain partners.
- KredX’s Goals for FY25:
- Empower 15,000 MSMEs with working capital support.
- Policy and Ecosystem Impact:
- Supports financial inclusion, cash flow optimisation, and compliance.
- KredX also working with state governments to promote MSME awareness and onboarding.
- Regulatory and Global Reach:
- KredX is licensed by both RBI and IFSCA, enabling domestic (DTX) and international (GTX) trade finance.
