Blogs
Regulated Trade Finance Marketplaces, also known as International Trade Financing Services (ITFS) Platforms are emerging as end-to-end digital solutions that provide trade finance to exporters and importers across the globe. These regulated platforms offer a robust legal framework, reduce risk and information asymmetry and facilitate financing through transparent, auction-based bidding mechanisms. By bringing multiple financiers and trade participants onto a single digital marketplace, they are reshaping how cross-border trade finance is accessed and executed.
Rupee depreciation has created a favorable window for Indian exporters, with USD revenues translating into higher INR realizations. But growth depends on how quickly CFOs can fund larger orders without stretching working capital. This currency tailwind needs to be actively tapped, rather than left unrealized in receivables.
Our CEO, Mr. Kalyan Basu, shares his insights on the growth of B2B marketplaces for factoring and invoice discounting in India. He discusses the success of TReDS platforms in supporting SMEs and the exciting potential of ITFS platforms for cross-border trade finance.
The Union Budget 2024 sets ambitious targets for holistic growth under 'Sabka Saath, Sabka Vikaas', despite global economic challenges. Measures like reducing the TReDS threshold, opening new SIDBI branches, revising the fiscal deficit target to 4.9%, empowering women, reducing customs duties, and incentivizing GIFT-IFSC are expected to positively impact our business ecosystem.