Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 1133)
1133.
Name of the company which becomes first PSU to transact on TReDS.
Answer: Option
Explanation:
Hindustan Aeronautics (HAL) has become the first public sector enterprise to make a transaction on the "TReDS platform". TReDS is an online electronic institutional mechanism for facilitating the financing of trade receivables of micro, small and medium enterprises (MSME) through multiple financiers. In 2017, the government mandated all major PSUs to join TReDS platform.
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