Blogs

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.
Reverse factoring is a buyer-led supply chain financing programme that optimizes working capital by providing early payment to multiple suppliers, specially designed to cater to small and medium enterprises. It allows the credit worthy buyers to defer their payment.