With the amendment to the Factoring Regulation (Amendment) Bill 2020, RBI registered NBFCs would be eligible to undertake factoring business and parti...cipate as the Financiers on TReDS platform, once the TReDS guidelines are suitably amended by RBI.

IMC Chamber of Commerce and Industry (IMC) and Finance Industry Development Council (FIDC) in collaboration with Receivables Exchange of India Ltd. (RXIL) invite members of IMC and FIDC to this unique online learning experience at the Webinar on Explaining Factoring Act and Introduction to TReDS for NBFCs & MSMEs by RXIL.

The details of the webinar are as below :
Day & Date : Wednesday, October 6, 2021
Time : 5:00 p.m. to 6:30 p.m.
Online Platform : Zoom

The following points will be covered:
1. Factoring Regulation Bill 2020 – Key Highlights
2. Background & Evolution of TReDS
3. Introduction of RXIL
4. TReDS Workflow
5. Benefits for Financiers, Buyers and Sellers
6. RXIL performance snapshot
7. New Initiatives
8. Q&A session

Mr. Roshan Singh, Head Financial Institutions, Receivables Exchange of India Ltd. will address the Webinar.
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