Rs 25 lakh crore MSME credit gap: TReDS has sparked hope for small businesses, but what’s holding it back?

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Rs 25 lakh crore MSME credit gap: TReDS has sparked hope for small businesses, but what’s holding it back? - Economic Times

Quick Summary:

TReDS has supported MSME credit access, but substantial expansion is needed to enhance its reach and effectiveness, say experts.

Rs 25 lakh crore MSME credit gap: TReDS has sparked hope for small businesses, but what’s holding it back?

Introduced in 2017, the TReDS ecosystem aims to address the huge credit gap in India’s MSME sector by providing a digital platform designed to enable timely financing and alleviate issues related to delayed payments.