The government’s push to expand TReDS aims to unlock faster invoice financing for MSMEs, but experts warn that RBI’s onboarding easing may not solve the core issue. Credit ratings remain a key requirement, creating uncertainty about eligibility and slowing participation. For many smaller firms, this means the promised liquidity access still feels out of reach.
Fitch has withdrawn its ratings on Reliance Capital, citing that the company decided to stop participating in the ratings process. The move effectively ends Fitch’s coverage of the firm’s credit standing, signaling a change in how the lender will be assessed going forward. Investors will now watch for how alternative measures and disclosures evolve.
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