Central Bank, Tata AIG launch TReDS insurance to safeguard MSMEs
Central Bank of India, in partnership with Tata AIG General Insurance, has launched a pioneering TReDS Insurance Policy to safeguard MSMEs and financiers on Trade Receivables Discounting System (TReDS) platforms. The policy, introducing insurers as the fourth TReDS stakeholder, offers coverage against buyer defaults, enhancing trust, liquidity, and financial inclusion in supply chain finance.